In response to:

Solar: Fake Energy Provided by Fake President

Nobodys_Thom Wrote: Apr 14, 2012 10:08 AM
So far there is only one type of Solar Energy proving itself -- which means people buy it and use it because it provides more utility than the cost. (pssst... It's called Economics, Barrack. Take a class in it that doesn't include race or gender or something in the title. Just "Economics" ) That is small photo-voltaic units that power a flashing light for a school zone or to light up a derrick or a gate or the high unreachable walls of a prison or someplace where it would be inconvenient and/or stupid to keep replacing batteries for the next ten years.

This is the year that the fake energy provided by our fake president finally collide and go boom.

So, get ready for a new round of green bankruptcies, as Europe trims back subsidies for solar companies and taxpayers lose their appetite for subsidizing green power.

“The mini-bubble resulting from the rush to cash in on solar subsidies in European and U.S. markets is ending, as feed-in tariffs drop in Europe while loan guarantee and tax credit programs tighten up in the U.S.,” says a new report from Bank of America Merrill Lynch according to CNBC.com.

Germany is dialing back...

Related Tags: Energy
Tuesday, May 21 | 03:56 PM ET
Tuesday, May 21 | 03:56 PM ET
Tuesday, May 21 | 03:56 PM ET
Tuesday, May 21 | 03:56 PM ET