Tuesday, October 21, 2008

It's the Green Jobs, stoopid!

I think Derrick Jackson has it right: now is the time to invest in green jobs. Doing so will help boost the economy by creating jobs, and green energy will help us divest ourselves from dependence on foreign oil.

As Robert Pollin, co-director of the Political Economy Research Institute at the University of Massachusetts-Amherst, puts it: "What we ought to be doing is rethinking regulating the financial market to channel credit into useful investments instead of useless, destructive speculations."

The lack of this investment is dramatic: "The Globe last week reported that wind turbine projects are being delayed for up to two years because the parts cannot be made fast enough."

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