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Solar: Fake Energy Provided by Fake President

SteveL2 Wrote: Apr 14, 2012 7:25 AM
The original plan of Obama and his fellow liberals was to pass cap-and-trade. That would make fossil fuels so scarce and so expensive that solar power would start to look competitive by comparison. When cap-and-trade died in Congress, the solar power and wind power markets started drying up. Without an artificial cap on fossil fuels, solar and wind just aren't competitive.
Doug3370 Wrote: Apr 14, 2012 11:16 AM
Solar and wind are getting closer to being competitive. It makes sense to fund R&D and pilot projects so that when they do cross the line to being cheaper than coal, and they will, we can move right into mass production. Funding R&D also moves forward that day.
bobbit Wrote: Apr 14, 2012 1:44 PM
No matter how "close" they get to being competitive they will NEVER replace fossil fuels. One day there may be an energy source that does, but it won't be these two sources nor will bio ever be the answer. History has proven that. People need to wake up and drill baby drill while we keep looking for the alternative in the free market, not under government influence.
scott s. Wrote: Apr 14, 2012 5:02 PM
OK, but that has been the model sine Carter crated the DoE. Remember Synfuels? Unfortunately what happens is that we fund science fair projects that employ people with "big ideas" but they don't have the incentive nor ability to create a viable product in the marketplace. Their skill is in writing up grant applications that impress politicians and funders.

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...

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