To: Snuph
We shouldn't. This trend of bankruptcies simply confirms that this funding is nothing more than political payoffs, because anyone with any real knowledge of the subject knows that the failures are simply a result of the laws of nature. The economics of solar and wind energy are challenging because the primary energy source is diffuse and/or unpredictable. That means you first have to work that much harder to gather it in sufficient quantities to be economically competitive with more intense source, and you have to allow for extensive and costly backup systems to compensate for the unpredictability. The laws of physics are not suggestions. They are what they are, and no amount of throwing money at them will change that, nor will legislation, sloganeering, or protests in the streets.
6 posted on
10/19/2012 9:18:06 AM PDT by
chimera
To: chimera
The laws of physics, COUPLED with the laws of economics; i.e., if it were a profitable pursuit, there would not need to be a subsidy to get it going, as investors would put up the money. The ONLY way these boondoggles are started is with TAXPAYERS’ monies, now Grants/Loans/Guarantees, and forever as Subsidies. THEY ARE NOT ECONOMIC, NOR ARE THEY DESIRABLE TO THE NEIGHBORS.
9 posted on
10/19/2012 9:26:58 AM PDT by
traditional1
(Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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