Who receives most of the financial benefits of "green energy" programs?
As detailed in scholarly publications like the encyclopedia "Environmental and Natural Resource Economics," the financial benefits of "green energy" programs "would largely accrue to the owners of capital," or corporations. This is because: (1) "Energy development," whether "green or fossil fuels," is "capital-intensive," which means it uses much more materials and equipment than human labor. (2) Growth in "the green jobs sector does not necessarily imply net job creation" since it reduces the jobs "that would have been produced from fossil fuels," and thus, "net job creation may be zero (or negative)." (3) Consumers would suffer because green energy programs subsidize "inefficient technologies that are more costly," and this would reduce people's standards of living.