Clean-tech job creation
The Obama administration said it would create or save 65,000 jobs with a clean-energy loan guarantee program formed two years ago. That estimate was later downsized to 60,000. So far, with almost half the $38.6 billion program’s funds distributed, it has created just over 3,500 new, permanent jobs, according to the Energy Department. The 33,000 jobs the agency claims credit for saving are all at Ford Motor Co. Read related article.