Social and Behavioral Sciences Commons^™

The Green Job Engine In Portugal, Kyle Herman

Dr. Kyle S. Herman

Renewable energy technology has come under fierce criticism around the world through the duration of the Global Financial Crisis. Opponents of a state-oriented renewable energy policy infer that the high cost of such technology has negative macroeconomic effects on the economy. This paper investigates the broader economic effects of renewable energy policy in Portugal. Research indicates the government has built cohesive renewable energy policy to foster a strong network of jobs and technologies in the industry. The Wind Energy Industrial Cluster, an innovation centre to drive wind energy technology, is an example of government policy which has fostered strong industrial …