Bill Gates doesn’t believe that those who operate within the free market can ever be compelled to produce alternative fuel sources, so he suggests that the government spend untold millions on it instead.
President Barack Obama recently made headlines in Nevada by promoting the “progress” his administration has made in promoting solar power and fighting climate change. Most media outlets conveniently forgot to mention one crucial fact: Without government mandates, subsidies, and sweetheart deals, the sun would quickly set on Obama’s solar empire.
So just like the “global warming” alarmists changed their slogan to “climate change,” then “energy security,” and then “climate disruption” when the planet’s temperature stopped increasing, so also now is the renewable energy industry trying to sell wind and solar as “democratization.”
As green energy stimulus recipients raked in billions of dollars the last few years, with President Obama declaring what a great “investment” they were for taxpayers, friends of mine would[…]
President Obama’s alternative energy “stimulus,” administered through his Department of Energy by previous Secretary Steven Chu, had already become a joke because of the failures and foibles of so many[…]
The publicity surrounding President Obama’s failed strategy to stimulate the economy, by putting clueless manager Steven Chu in charge of the Department of Energy’s lending activities, has become so bad[…]
The March 26 edition of The Wall Street Journal has a special section titled “Environment” presenting excerpts and features from the Journal’s latest ECO:nomics conference. While the opening essay by[…]
The above was produced more than 30 years ago by Petr Beckmann, a professor of electrical engineering at the University of Colorado. The intervening decades have not altered the validity[…]
Last month I wrote about the waste of money for renewable energy subsidies which described direct governments payments to individuals or companies using or providing renewable energy sources. This article describes[…]
The recent “occupation” of Wall Street has shed light on what is becoming an unfortunate phenomenon in American society; the purposeless protest, the destructive demonstration, movements that serve only to[…]
According to conventional wisdom, Solyndra, Inc. failed because of recent, unforeseen competition from Chinese solar companies with vast government subsidies. Or because the Obama administration rushed through its approval of[…]