Shady circumstances cloud huge solar energy plant bailout

The giant Ivanpah solar array in California was financed with a $1.6 billion construction loan from the U.S. Treasury, but the plant has been so unproductive that its owners have successfully begged for loan repayment delays and now want a $539 million federal grant so they can make their first -- already late -- three payments on the initial loan. But prospects for long-term viability of Ivanpah remain poor, given that the plant's poor performance and the fact that it is killing birds at an alarming rate. As Reason's Julian Morris, says, “They’re already paying less than the market rate. Now demanding or asking for a subsidy in the form of a grant directly paying off the loan is an egregious abuse.”

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|2014-12-05T10:28:58-05:00December 5th, 2014|2 Comments

EPA and IPCC: America’s greatest environmental threats

EPA finds, punishes and even targets anyone who violates any of its ten thousand commandments, even inadvertently. EPA’s climate change actions, however, are not inadvertent. They are deliberate, and their effects are far reaching and often harmful. For better or worse, they affect all of us. And yet, these increasingly powerful bureaucrats – who seek and acquire ever more control over our lives – remain faceless, nameless, unelected, and unaccountable. Two points must be kept uppermost: the global warming “disasters” exist only in computer models, Hollywood movies and alarmist assertions; and the “preventative measures” are worse than the disasters.

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|2013-11-05T11:43:26-05:00May 30th, 2013|5 Comments
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