’Green Jobs’ Reality Check

E-mail Print PDF
After receiving $58 million in funds from the Commonwealth of Massachusetts just six months ago, Evergreen Solar announced it was slashing up to 400 jobs at its new solar photovoltaic facility in Ft. Devens, Mass. The company says it will continue to build the solar panels in Massachusetts, but they will be assembled in China at a lower cost.

The “green jobs” reality check came soon after another new green jobs company, Boston Power Inc., canceled plans to build a Bay State manufacturing plant when a hoped-for $100 million grant from federal “stimulus” funds failed to materialize.

Ironically, Evergreen cited Massachusetts’ high energy costs — 57 percent above the national average (but still less than Connecticut’s) — as a factor in its decision to move manufacturing operations to China, a country where manufacturing is largely powered by high sulfur-emitting coal plants.
 
Webconntact.com

Full Archive Search

  • Search
  • Finance Stocks

    Powered by Stock Trader
    Powered by Stock Trader
    Digital Copies