coveyrise Wrote:
Oct 14, 2012 8:51 AM
Obama keeps talking about "Investing in Alternative Energy" using our tax dollars. If "Alternative Energy" is such a good investment why isn't the private sector more dedicated to it? Atlantic Richfield Oil Company (ARCO) built the largest solar farm in the world in Southern California in 1983 at Carizzo Plains. It was operated until 1994 and could never break even or pay for itself so it was closed. Windturbines were originally touted as lasting 15 years and paying for themselves in 8 to 10 but they are wearing out in 5 or less so they are also a bust. If it wasn't for Government Subsidies and corrupt cronyism we wouldn't be doing any of this.