Salaries at solar and wind companies are lower than you think.
By Brady Yauch of The Big Money
The Obama administration is putting a lot of stock in the concept of “green jobs.” In late February, Vice President Joe Biden threw his weight behind the green movement and the $20 billion in the stimulus package devoted to green investment. Biden claimed that people who earn $20 per hour prior to green job training can make as much as $50 per hour afterward.
Sounds great, right? But that scenario could be way off base. At least that’s what a recent report from Good Jobs First says could happen if the creation of green jobs isn’t backed by strong government regulation and oversight. GJF’s report notes that it’s not uncommon for workers in the green field to earn as little as $8.25 an hour. Wages at a number of wind and solar manufacturers are far lower than those at their more traditional counterparts—falling well below the income levels needed to support a single adult with one child.