$9 Billion in 'Stimulus' for Solar, Wind Projects Made 910 Final Jobs -- $9.8 Million Per Job
June 20, 2012
The Obama administration distributed $9 billion in economic "stimulus" funds to solar and wind projects in 2009-11 that created, as the end result, 910 "direct" jobs, meaning that it cost about $9.8 million to establish each of those long-term jobs.
At the same time, those green energy projects also created, in the end, about 4,600 "indirect" jobs - positions indirectly supported by the annual operation and maintenance jobs -- which means they cost about $1.9 million each ($9 billion divided by 4,600). Combined (910 + 4,600 = 5,510), the direct and indirect jobs cost, on average, about $1.63 million each to produce.