$90-billion investment to subsidize renewable energy sources in the natural world does surprisingly little. This amount, allocated in 2009′s American Recovery and Reinvestment Act to subsidize green energy initiatives, has thus far yielded today’s bustling “renewable-energy sector” that employs roughly 140,000 Americans. And even that dismal figure is wildly inflated. – American Thinker
In the first year of this green stimulus, an estimated 79% went to foreign nations;
Couple this fact with notorious domestic failures like Solyndra and Beacon Power Corp., and the obvious conclusion is that this administration’s green energy initiative has been a spectacular failure to this point.
But in no other floundering green energy sub-sector is that failure so strikingly apparent as in wind energy.
“We all know that windmills are a self-indulgent and sanctimonious luxury whose purpose is to make us feel good ….
Wind, he says, is “not so much a Renewable as it is an Unusable, and also an Unpredictable, an Unstorable, and – normally when it is very cold – an Unmovable.”
Even when wind is generating power, there is a need to plan for the risk of those times it does not, meaning that you will still have to create “a parallel and duplicate energy supply to provide cover for when the wind stops.”
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