“Eliminating the fear that the world is running out of oil eliminates an urgency to experiment with or to implement alternative fuels including biofuels, wind energy, and solar energy as long as these energies remain less energy-efficient, less reliable, and more costly than using oil and natural gas.”
Post Tagged with: "alternative energy subsidies"
August 16, 2012 12:22
Political Connections to Drive Up Electric Rates in Delaware
In the case of Bloom Energy, some truly big hitters are involved in what can only be described as highly suspect permit applications, crony capitalism, political pressure and secretive backroom deals that will benefit the few at the expense of countless taxpayers and ratepayers. What these arrangements could do to energy prices in Delaware and other states served by the PJM electricity grid is scary to ponder – and Bloom is trying to cut similar deals in North Carolina and elsewhere.
August 10, 2012 06:09
Why Green Energy Subsidies Are Diabolical
Subsidies are much worse that just wasteful, they’re diabolical. They lull us into thinking we have almost solved the problem and they hinder us from seeking the real solutions.
August 8, 2012 07:25
$1.3B Greendoggle in Sen. Reid’s Nevada: $4.6 Million per Job, and 4X the Cost of Fossil Fuels
Harry Reid’s $1.3 billion in federal funds funneled into geothermal, solar and wind projects since 2009 in Nevada has cost of over $4.6 million per job.
August 4, 2012 08:54
Another “green” scam bilks taxpayers
Seems anything labeled “green” energy ends up costing taxpayers millions and enriching leftists. WUWT? Former Maine governor and Senate candidate Angus King cashed in on the alt energy scam after setting up the swindle as governor.
June 26, 2012 07:10
Obama’s “green” jobs cost $6.7 million per job
DOE has guaranteed $34.7 billion in loans … Some 2,378 permanent jobs were claimed to be created under the program. This works out to a potential cost per job of $6.7 million. – U.S. News
May 25, 2012 06:58
Four Big Problems with Obama’s Green Energy Subsidy Push
These subsidies have and continue to enjoy bipartisan support precisely because they benefit both Republicans and Democrats come election time, when they can say they helped create jobs for their district and state. But targeted tax credits and other subsidies are wasteful and economically destructive for four fundamental reasons:
December 13, 2011 08:34
Did Buffett save Obama’s butt in multi-billion solar deal?
The citizens of California that will use this power will get nothing. They will continue to pay the highest rates for electricity in the country. US tax payers foot the bill for another $600 – $700mm. That’s the “Vig” for Warren. Those taxpayers also get nothing in return.
October 13, 2011 09:10
$80 million for each solar job – Obama’s green “investment”
French company buys majority interest in Sunpower after DOE loan guarantee. – FoxNews.com
October 12, 2011 13:45
ANOTHER green “wind”fall for Obama supporters at taxpayer expense
America’s worst wind energy project’s “green energy” jobs will be about $16.3 million each.
