Skip to comments.Australia: More Bad News For Solar Power
Posted on 08/19/2011 8:09:59 PM PDT by AustralianConservative
Its tough times for the solar power industry in the United States and Down Under.
How tough? The Australian Broadcasting Corporation reports, The only Australian company which manufactures solar cells is closing the operation. Ilex Solar has announced it will stop making the cells at its western Sydney facility, with 30 jobs to be lost. The company will continue to make solar panels, using imported components.
In other words, solar isnt viable unless solar-equipped households get lots of money from other taxpayers, responds writer and blogger, Tim Blair of The Daily Telegraph, Sydney.
More bad news from The Australian: Industry representatives said they faced a growing crisis as state-based subsidy schemes were wound back and competition intensified from overseas. They predicted up to 4000 jobs could go by the end of the year in NSW alone.
Without stressed taxpayers, theres no market.
(Excerpt) Read more at thewinstonreview.com ...
How can this be? Green is supposed to be our salvation.
Lots of wind turbines going up around here. Depending on which side of the money you are on, they are either a boon. Or a boondoggle.
In a sunny place like Australia solar should be king. Are they having environmentalist trouble like they are in California?
There is no way “Big Green Energy” can survive w/o Government subsidies.
And that is the strength of Capitalism - if it won't stand on its own, it doesn't stand. Taxpayers only end up funding bad ideas that have no business being put into effect.
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