The amount of money flowing into European green energy from governments and the private sector collapsed from $132 billion in 2011 to $58 billion last year.
Wind and solar power nearly fried Germany’s power grid, but the disaster was prevented when the German government paid consumers to use electricity.
Now the President Obama has made good on his promise to bankrupt the U.S. coal industry, he (and his potential successors Hillary Clinton and Bernie Sanders) are poised to do likewise to the nation's oil and gas and nuclear power industries. Given that neither solar nor wind power is 24-7 reliable, this will surely lead both to massive financial ruin and intermittent energy availability in many parts of a very crippled U.S. economy. Worst of all -- this appears to be their vision, their goal -- to bankrupt America and put an end to personal freedom in the process.
China is deeply dependent on coal power and won’t be going green anytime soon.
Germany plans to stop building new wind farms by 2019, gradually turning away from its $1.1 trillion wind power program, according to a Thursday report in Berliner Zeitung.
The past couple of weeks have highlighted the folly of the energy policies favored by left-leaning advocacy agencies that, rather than allowing consumers and markets to choose, require government mandates and subsidies. Three major, but very different, solar entities—none of which would exist without such political preference—are now facing their demise. Even with the benefit of tax credits, low-interest loans, and cash grants that state and federal governments have bestowed on them, the solar industry is struggling. We’ve seen Abengoa—which I’ve followed for years—file for bankruptcy. Ivanpah, the world’s biggest solar power tower project in the California desert, is threatened with [...]
The islands of Tasmania and El Hierro tried to power their economies with 100 percent green energy, but both islands eventually went back to diesel generators after suffering reliability problems and soaring energy costs.
There is no shortage of news stories touting the splits within each party. The Democrat divide is, as NBC News sees it, between dreamers and doers—with the International Business Times (IBT) calling it: “a civil war over the party’s ideological future.” The Boston Globe declares that the “party fissures” represent “a national party torn between Clinton’s promised steady hand and Sanders’ more progressive goals.” The Republican reality is, according to IBT, a battle between moderates and conservatives. The party is being “shattered” by the fighting between the establishment and the outsiders. The New Yorker said the days following the Detroit debate have “been the week of open civil war within the Republican Party.” Former standard-bearer Mitt [...]
Cheap coal, oil and natural gas are outcompeting wind and solar power despite massive government support, and environmentalists are really upset about it.
The Luddites are loose! It was not enough for them to waste billions of tax dollars on unsustainable wind and solar projects, but now they want to shut down the only safe, secure, 24/7 sources of energy in the U.S. -- oil, natural gas, and coal (and, yes, nuclear power too). The new Stone(d) Age awaits those who empower these de-development radicals who have enjoyed the fruits of innovative technology unleashed by a capitalist society but now want to deprive future generations (and those currently living as well) of the right to life, liberty, and the pursuit of happiness.
Solar power receives 326 times more subsidies than conventional energy sources.
The Spanish Wind Energy Association admitted Tuesday the country did not install any wind power last year after Spain effectively eliminated costly green energy subsidies in 2014.
Companies like Solar City need politicians to keep them afloat. The best solution would be to rid ourselves of politicians who play favorites with other people's money (like Andrew Cuomo), but barring that, we should cancel all subsidies that enable rich people to profit from policies that make energy more expensive for the poor -- via political means.
The fundamental issues of solar and wind power are numerous, so let’s review the top 11.
Washington is trading an end to the 40-year-old oil export ban in exchange for an extension and perpetuation of renewable energy programs and President Obama’s Clean Power Plan