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80% of Stimulus Dollars For Wind Power Goes to Foreign Companies

Jon Karl from ABC News found that most green jobs created by the stimulus are created in China.
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Despite all the talk of green jobs, the overwhelming majority of stimulus money spent on wind power has gone to foreign companies, according to a new report by the Investigative Reporting Workshop at the American University’s School of Communication in Washington, D.C.

Nearly $2 billion in money from the American Recovery and Reinvestment Act has been spent on wind power, funding the creation of enough new wind farms to power 2.4 million homes over the past year. But the study found that nearly 80 percent of that money has gone to foreign manufacturers of wind turbines.


Added: Feb-10-2010 
By: Songun
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Tags: Stimulus, miserable failure, obamanomics, wind energy
Marked as: approved
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