Experts dismiss Treasury concerns over job cuts

ECONOMISTS have rejected NSW Treasury estimates that the carbon tax would slash 31,000 jobs in the state.
Professor John Quiggin, from the School of Economics at the University of Queensland, said the job figures were ''meaningless'' because they failed to take into account the larger number of jobs likely to be created in renewable energy industries.
Bill Mitchell, a professor of economics from the University of Newcastle, said the carbon tax would actually increase jobs.

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''If you were to close coal-fired power generation and were to replace it with renewable power generation, you get a net increase in employment …'' he said.
''Coal-fired power stations don't employ that many people and rewewables offer a wider range of job opportunities, ranging from design and research, advertising, manufacturing, construction and implementation, sales and marketing, and installations.''

Read more: http://www.smh.com.au/environment/climate-change/experts-dismiss-treasury-concerns-over-job-cuts-20110804-1idh5.html#ixzz1U4UHs059