Solar and Wind receive 20x the govt subsidies of most other energy. China builds coal plants to make wind and solar tech to sell to us.
Posted by iusbvision on March 13, 2011
Solar and Wind are very expensive, harder to transmit, and inconsistent. Solar is so expensive that solar panels plants in the United States are closing and the work is going to China. China builds a coal plant every week.
All of this money going to these subsidies cannot be used for other things. Mandates on electric companies to get more energy from wind and solar are next to impossible to meet so those companies are fined, which forces energy companies to pass those fines to their customers, which helps to send more jobs overseas.
Reason TV asks, if all of these green energy mandates are going to make all of these 21st century jobs, how come in California that has totally backfired. The reasons above explain why and they are reasons that are explained in any first year macroeconomics class.
If you want to see lower energy costs and business to start coming back home there is only one solution. Throw out Democrats en mass. We have trillions in natural gas, oil and other resources that are off limits that we could use to help pay off the national debt and rebuild the economy. We also need a government that costs less than $2 trillion a year instead of the nearly $4 trillion it costs now.