The 5 million jobs and $150 billion was a campaign promise. No mention in the video it was supposed to be over 10 years or 15 billion a year from cap and trade sales.. The video claim that $150 billion only created 5000 jobs is complete and total bullshit.
No mention of 10 year time frame and an unbelievably blatant lie about how many jobs were created from budget money spent on green technology. The fact that the 5000 number didn't set off every alarm is pure trumpian in scope
As the total number of jobs created is difficult to accurately state, the $150 billion over 10 years was to be raised by enacting a market-based cap-and-trade carbon-emissions system. That legislation never passed (see linked info below) so that $150 billion never existed. All money spent on green job creation was in the annual budgets.
https://www.politifact.com/truth-o-m...new%20jobs.%22
No clear information on number of “green” jobs created
By Rachel Tiede
November 14, 2016
During his 2008 campaign, President Obama promised to "create 5 million 'green' jobs."
Back in 2012, we rated this In the Works because while the promise has a 10-year window, the funding had all but disappeared.
Since then, the number of "green" jobs has increased, but it's hard to say if it will reach 5 million.
According to the Bureau of Labor Statistics, "green" jobs have a broad definition. They include:
• Jobs in businesses that produce goods or provide services that benefit the environment or conserve natural resources;
• and jobs in which workers' duties involve making their establishment's production processes more environmentally friendly or use fewer natural resources.
This broad definition makes it difficult to count the exact number of "green" jobs. In addition, the federal government did not start tracking of the number of "green" jobs until 2010, and the Bureau of Labor Statistics discontinued all "measuring green jobs" products in 2013 because of the Balanced Budget and Emergency Deficit Control Act.
However, as of March 2016 there were 2.5 million jobs in clean energy alone, according to the nonpartisan group Environmental Entrepreneurs, with about 77,088 jobs solely in the wind industry.
Solar power jobs doubled in the past five years, according to the independent Solar Foundation, a nonprofit promoting solar energy.
Also last year, the number of jobs in the solar industry overtook those in oil and natural gas extraction for the first time, Bloomberg reported.
This growth in clean jobs is caused in part by the Business Energy Investment Tax Credit (ITC), and the Renewable Electricity Production Tax Credit (PTC) — both of which were extended in December 2015.
Plus, there are other reasons clean jobs could be on rise, said Severin Borenstein, a research associate of the Energy Institute at Hass and former director of the University of California Energy Institute.
"Probably two of the most important are that many states have expanded their Renewable Portfolio Standards, requiring more renewable power, and creating more jobs in that sector," Borenstein said. "The other reason is that the real cost of wind and solar power have come down dramatically during the Obama administration, making them more attractive investments."
He added that because "green" jobs have such a broad definition, they would have increased along with the general employment rate.
Obama promised to "create 5 million 'green' jobs." He did extend tax credits, and the demand for renewable power increased as the cost to make it decreased. But since the Bureau of Labor Statistics stopped counting "green" jobs in 2013, and there was no baseline to begin with, we can't know for certain the exact number created during Obama's time in office.
We rate this Compromise.
By J.B. Wogan
September 13, 2012
Green-job creation off target for now
Rewind four years ago to the presidential campaign and you'll recall that An Inconvenient Truth, a documentary about climate change, was fresh in the minds of many Democrats.
As a candidate Barack Obama pledged to enact a market-based cap-and-trade carbon-emissions system designed to reduce air pollution. Obama envisioned the government auctioning off carbon-emission permits for a set price per metric ton of a greenhouse gas such as carbon dioxide.
Under Obama's plan, auctioning revenue would hand the president an extra $15 billion per year, which he would invest in clean-energy technology and -- voila! Five million new jobs in the clean-energy sector in the next 10 years.
We're reviewing that 5-million figure here.
Despite the president's support for cap and trade, the bill stalled in Congress. That means the main pot of money intended to create Obama's 5 million green jobs -- $150 billion over 10 years -- doesn't exist.
Obama would have another problem in meeting his original green jobs promise -- it would be difficult to prove he achieved it.
That's because the federal government didn't count green jobs until this year. But two years ago, Congress appropriated money for the Bureau of Labor Statistics to survey businesses and establish a baseline number. The bureau says the U.S. had an estimated 3.1 million jobs related to green goods and services in 2010. Later this year we'll learn how many green jobs existed in 2011. But we do not know how many comparable green jobs existed in 2009 or in the pre-Obama years.
Economists from the Brookings Institution, a nonpartisan policy research group, made their own definition of a green job and calculated seven years' worth of historical data from 2003 to 2010. They estimate the U.S. economy had 2.1 million green jobs in 2003 and 2.7 million in 2010.
"Green job growth has increased during the Obama Administration, and green jobs have grown faster than jobs in all sectors,” said Jonathan Rothwell, one of the Brookings researchers who wrote the report.
But Rothwell cautioned against assuming those new jobs were the result of Obama policies. He noted that few of the jobs added -- about 17 percent of the roughly 211,000 new jobs in 2009 and 2010, were in the clean-technology areas targeted by the Obama administration.
The American Recovery and Reinvestment Act, better known as the economic stimulus, supported green industries through more than $90 billion in tax credits, grants, loans and loan guarantees for bolstering public transit and increasing clean energy production in the wind, solar, geothermal, biofuel, and electric-car industries.
"The stimulus bill and Obama administration budgets have certainly increased spending on green activities, and that spending has created jobs,” Rothwell said. "Whether or not Obama administration policies have been effective or worthwhile investments of tax dollars very much depends on the program, how it was designed and implemented, and how the companies fare going forward.”
Kate Gordon, a senior fellow at the liberal policy research group, the Center for American Progress, said the Obama administration has supported green job growth in more ways than direct spending. Case in point: His administration set higher fuel economy standards, which encourage the production of fuel-efficient vehicles and vehicles running on alternative energy sources.
The last point we should address is the timeline. It is true that Obama's promise came with a 10-year deadline. Theoretically, he could win reelection, find a source of revenue to fund green job growth and still meet that goal. Nonetheless, the key to his green-job creation plan -- a cap-and-trade law -- has no prospects of passing in 2012. Even if he wins reelection, he is likely to face ongoing opposition by Republicans in Congress, making a landmark law on climate change improbable.
The near future looks bleak for Obama's green jobs promise, but since he gave himself a 10-year window, we'll leave this promise In the Works for now.
By David G. Taylor
July 12, 2011
Seeds planted for greens jobs, but will they bear fruit?
Throughout his 2008 presidential campaign Barack Obama promised to create 5 million "green” jobs to both mitigate unemployment and boost the nascent clean energy sector. "We'll invest $15 billion a year over the next decade in renewable energy, creating five million new green jobs that pay well, can't be outsourced and help end our dependence on foreign oil," Obama said during the fall of 2008.
When we last updated this item, Congress, through the American Recovery and Reinvestment Act, had allocated billions of dollars to this effort. The funding included $6 billion in loan guarantees for renewable energy investors, $17 billion for energy efficiency and renewable energy, and $2 billion for energy-efficient battery manufacturing.
Did the seed planted by the American Recovery and Investment Act germinate into a field of greens?
First, we should clarify what is meant by "green jobs.” Perhaps the best definitions come from the Bureau of Labor Statistics (BLS). In December 2009, President Obama signed the 2010 Consolidated Appropriations Act, which appropriated $8 million to the BLS to use to determine the number of green jobs in the United States. The BLS will release two surveys of this data in 2012. The BLS uses two definitions for "green” jobs -- one for each survey:
• Jobs in businesses that produce goods or provide services that benefit the environment or conserve natural resources.
• Jobs in which workers' duties involve making their establishment's production processes more environmentally friendly or use fewer natural resources.
Until the BLS completes these surveys, the exact number of newly created green jobs is open to debate. The Council of Economic Advisers -- which advises the president on economic matters --claims that 225,000 green jobs have been saved or created through the first nine months of 2010. This was accomplished through an $80 billion injection from the stimulus. The White House further predicts that 825,000 green jobs will be filled by the end of President Obama"s current term in office. Both numbers, however, are estimates.
Even if the 225,000 number is accurate, it's clear that President Obama has a long way to go in fulfilling his pledge to create 5 million green jobs. June 2011 employment data evinces the difficulty in fulfilling this pledge -- with anemic job growth of 18,000 and a rise in the unemployment rate to 9.2 percent. Furthermore, with political debate focused on cutting expenditures, future government investment in such programs appears unlikely.
Finally, it's fair to say that Obama didn"t predict the severe economic downturn of recent years when he made his promise. That downturn is slowing down all job growth, including green jobs, said Robert Greenstein, president of the left-leaning Center on Budget and Policy Priorities. "Any job creation target espoused in 2008 was made at a time when no one expected the economy would suffer such a deep financial and economic crisis and have unemployment so high and job creation so low for such an extended period,” Greenstein said. "So any job creation goal is going to be hard to reach, regardless of how effective the policies in question may be, until the economy has a much stronger recovery.”
Hard numbers are difficult to come by until the BLS releases its green jobs study next year. It's entirely possible that the 5 million or more green jobs may be created within a decade once the national economy recovers. As of yet, there is simply not enough data to accurately gauge the progress in green job growth.
Because of this, we continue to rate this promise as In the Works.
Robert Farley
By Robert Farley
March 20, 2009
Green jobs aplenty in stimulus and proposed budget
This is a long-term promise and we are only in the third month of the Obama presidency, but there's plenty of "green job" stuff in both the economic stimulus package signed by Obama in February as well as in the administration's
proposed 2010 budget, enough that we wanted to acknowledge the progress made toward this promise.
The American Recovery and Reinvestment Act, better known as the economic stimulus, includes nearly $17 billion for energy efficiency and renewable energy, including $5 billion to weatherize low-income homes; $3.1 billion for state energy programs; $2 billion for advanced battery manufacturing grants to encourage production of plug-in hybrid and electric cars; and $3.2 billion for energy efficiency and conservation block grants.
There's also $6 billion in the stimulus to modernize the nation's electricity grid; as well as hundreds of millions for research into renewable energy technologies like biomass and geothermal.
And it includes more than $6 billion in loan guarantees for renewable energy investors. Together with renewable tax credits, the White House estimates that will result in $100 billion in private investment in renewable energy projects.
Obama's proposed 2010 budget includes:
* Support for loan guarantees for innovative energy technologies "including renewable energy projects, transmission projects, and carbon sequestration projects that avoid, reduce or sequester air pollutants and greenhouse gases while simultaneously creating green jobs."
* Support for the plan to modernize the nation's electric grid.
* Investments in clean energy technologies including biofuels, renewable energy and energy efficiency projects.
* Increased funding for scientific research, including the development of clean energy technologies like solar, biomass, geothermal, wind and low-carbon emission coal power.
It's too early to say how many green jobs all of this will translate into. Suffice to say a lot. Five million? Time will tell. But there's enough in these two plans
to move this to In the Works.
Other perspectives on CO2 emissions.
https://www.climate.gov/news-feature...xide-emissions
Of the cumulative amount of CO2 in the atmosphere, the US has put over 400 billion tons out, the EU 300 billion tons, and China , 250 billion tons.
Global carbon emissions began to rise measurably in the mid-nineteenth century. Total U.S. emissions still remained above China’s and India’s through 2021.
By comparison, China and India have been relative latecomers to industrialization, although China is ramping up quickly. Even so, both countries have remained behind the United States in per person emissions and total cumulative emissions. In fact, at China’s 2021 rate of 11.47 gigatons per year, it would take roughly 15 years to match the U.S. historical contribution. At India’s 2021 rate of 2.71 gigatons per year, it would take about 135 years to catch up to the United States.
Furthermore, national emissions are not wholly independent of each other. Much of China’s rising emissions are related to manufacturing, with many of the resulting products increasingly purchased by American consumers. The United States imported $450.4 billion worth of goods from China in 2020 alone, according to the Office of the United States Trade Representative.
An interesting website.
https://www.co2.earth/daily-co2
Quote:
Originally Posted by Tiny
The chart about a minute into the video showing CO2 emissions by region (Asia, North America, Europe, Africa) is pretty telling. I hope some of our friends like Txdot take a look at that. We account for a small part of worldwide CO2 emissions, and that part is becoming smaller all the time.
Obama's promise that he'd create 5,000,000 new jobs with $150 billion support for green energy is a laugh. I don't know if the narrator's right, that only 5,000 were created, but he's certainly right that Solyndra took a lot of that green pork and then went bankrupt.
Scientific American devoted an entire issue to attacking Bjorn Lomborg, one of the wisest voices in the climate change debate. The publication's a far cry from the what it was thirty or forty years ago, when it was unbiased and not dumbed down.
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California Governor Blames His Incompetence On Climate Change
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