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.”

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

Unprincipled lack of precaution on wind turbines

The problem with regard to consistency get larger as we come to realize that whatever they support is permitted; whatever they oppose violates the Precautionary Principle. They support windmills; therefore there is no violation. They oppose fracking; therefore it violates the principle.... In the view of activists and regulators, regulations exist to delay, block or destroy things they oppose. The fact that regulatory actions may well cause prolonged energy deprivation, poverty, unemployment, disease, malnutrition or premature death is irrelevant to them.

By |2013-06-24T13:19:58+00:00June 21st, 2013|Op-Ed Articles|6 Comments

The eagles die at Altamont!

Bob Johns, spokesman for the American Bird Conservancy ... confirmed ...[that] the Altamont operation alone has killed more than 2,000 golden eagles. But that’s not all. “Nationwide, the wind industry kills thousands of golden eagles without prosecution,” Johns said, “while any other American citizen even possessing eagle parts such as feathers would face huge fines and prison time.”

By |2013-05-21T12:50:48+00:00May 21st, 2013|Uncategorized|2 Comments