CFACT on PBS – Catholics should demand energy for the poor

PBS is not known for its balanced coverage of global warming, but CFACT provided some rare balance. CFACT's Marc Morano, editor of our award-winning Climate Depot news and information service, is interviewed and presents an informed Catholic's perspective on science and an appropriate plea for the poor.

By |2015-06-22T11:06:59+00:00June 22nd, 2015|Videos|Comments Off on CFACT on PBS – Catholics should demand energy for the poor

Solar tax credits are not “conservative” or “free market”

With Louisiana looking to trim a budget deficit (partly caused by Obama energy policies), the state legislature is considering a dramatic cutback in subsidies for rooftop solar installations -- subsidies that in one documented case amounted to $33,000 of the cost of a $40,000 system. The customer was quite happy, noting that after a 5-year amortization for his $7,000 investment, his energy is now free. But who is amortizing the $33,000 that taxpayers paid for? If it took 5 years to amortize $7,000, then it must take nearly 30 years to amortize the true cost of the solar installation -- longer than the lifespan of the solar units.

By |2015-04-21T12:04:12+00:00April 21st, 2015|CFACT Insights|5 Comments