Utilities sell coal plants by promising jobs in compensation for the environmental hit. A study of “the six largest new coal-fired power plants to come online between 2005 and 2009” indicates that more jobs were promised than were delivered. Writing in The New York Times, Tom Zeller, Jr. reports that “only a little over half, or 56 percent of every 1,000 jobs projected, appeared to be actually created as a result of the coal plants’ coming online. And in four of the six counties, the projects delivered on just over a quarter of the jobs projected.”
How’s the song go? “Sixteen tons, and what do you get? Another day older and deeper in debt.” And now you don’t even get a job burning the 16 tons. Have we sold our soul to the company store forever?