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.
Post Tagged with: "solar"
$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.
Cheap Natural Gas Heralds an Energy Revolution That Will Displace Nuclear, Coal, Wind and Solar
“[I]t is ironic also that cheap gas will completely remove the need for electricity generated by solar or wind—much to the chagrin of environmental zealots. And all those folks hoping that energy prices would continue to rise and that electricity costs would “skyrocket” will be sorely disappointed.”
“Greenbacks” energy boondoggles versus real energy
Wind, solar, algae and switchgrass companies take billions in Other People’s Money. They pay virtually no taxes, and provide virtually no usable energy, except in the minds and press releases of their promoters.
Subsidized and Expensive Solar Energy Bites the Dust Again
The reality is that there is no cheaper substitute right now for fossil fuels as a source of energy, no matter how the administration and its proponents spin it.
Cheap energy stalled by Obama
The US is the Saudi Arabia of gas. Gas is 4.5 cents per kw compared to 15 to 5o cents for solar. So why are we wasting billions of taxpayer dollars on solar?
$80 million for each solar job – Obama’s green “investment”
French company buys majority interest in Sunpower after DOE loan guarantee. – FoxNews.com
Obama’s snake oil: Spreading “Big Oil subsidy” disinformation
The worst thing we can do is what President Obama is intent on doing: use the mythical revenues he expects from eliminating oil company “subsidies and tax breaks” to increase federal wind, solar and ethanol subsidies by another 50% (to $18 billion a year)
Green subsidies falling prey to economic reality across the globe
Across the world, unsustainable subsidies for wind and solar are being cut back.
Drill, Baby, Still – US still supports offshore drilling
Preliminary results of an IBD/TIPP Poll of 795 U.S. adults, taken from April 30 to May 5, show that a large majority — 59% — approve of “oil exploration and drilling in America’s national territorial waters.” Just 31% said they disapprove.