It’s difficult to catalog all of the problems with this nonsense. For starters, the mission keeps changing. Is the green energy revolution about energy independence? Or is it about fighting global warming? Or is it about jobs?
For most of the last few years the White House and its supporters have been saying it’s about all three. But that’s never been true. If we want energy independence (and I’m not sure why we would) or if we want to reduce our dependence on Middle Eastern oil (a marginally better proposition, given that Canada and often Mexico supply the U.S. with more oil than Saudi Arabia), we would massively expand our domestic drilling for oil and gas and our use of coal or carbon-free nuclear. That would also create lots of jobs that can’t be exported (you can’t drill for American oil in China, but we can, and do, buy lots of Chinese-made solar panels).
As for the windfall in green jobs, that has always been a con job.
For instance, Barack Obama came into office insisting that Spain was beating the U.S. in the rush for green jobs. Never mind that in Spain — where unemployment is now at 21% — the green jobs boom has been a bust.