Skip to comments.First public auction for solar energy rights on federal lands draws no bids
Posted on 10/26/2013 4:57:33 AM PDT by don-o
Federal officials are trying to figure out why the Bureau of Land Management's first-ever auction of public land for solar-energy development failed to attract any bids.
Industry officials attributed the auction's failure to uncertainties about the solar energy market and federal regulations.
(Excerpt) Read more at foxnews.com ...
I think all of Obama’s cronies who had these companies are out of business.
In all seriousness (as opposed to most other agencies where mocking is the norm), I’m surprised that BLM would be caught short in such an effort. It’s stocked full of conservative engineers who aren’t accustomed to time wasting or frivolity.
The First ShamWow President needs to get on TV and hustle some buyers for this scam like he did for his ObamaDon’tCare.
Open the Keystone pipeline. It’s ready to go.
No classmates, in-laws, cronies left?
These two words are more frightening than any others out there:
Would they take $100?
Coming soon to public beaches....... a tanning tax
Since sunlight is declared to be owned by the government, the federal government, those who receive tanning rays must pay
Imagine that, no buyers for sunshine.
I know some kids that are working on solar farms in the Mojave desert they have been telling me stories about what goes on there. For instance any vehicle that enters the “Compound” must have all the tires pressure washed to remove any invasive weed seeds.Every single native plant had to be inventoried then at the end of 25 years when the lease expires every last plant must be replaced.these are just a few that I can remember.
Many of us are exempt from the tax. We get our D3 from a jar
What conclusion might be drawn from this total lack of interest in bidding for solar energy rights on public lands?
Why the obvious one of course! It’s proof positive that in a real free market solar energy is just not viable. All, and I stress all, the solar energy projects have been in some way or another subsidized by the American tax payer.
Scammers, used to having access to the government money spigot, have no intention of stupidly risking their own capital in solar schemes. Why should they?
Now, it may well be, that the BLM minimum lease terms are onerous and full of hooks that cause the prudent investor to shy away, but that also tells us something. It indicates that BLM administrators live in cloud cuckoo land and are blind to economic realities. That they are governed by their Lysenko-esque doctrine.
They fail to apprehend that all of the solar ventures, not to mention wind, funded by the American taxpayer have been abysmal failures existing only to line the pockets of few connected individuals.
During the Carter years, I had occasion to see the draft proposals for the White House Solar installation. After the initial financial analysis of life cost of the solar installation proved it to be a money pit , Carter’s WH advisers demanded that the consulting firm run iterations of ROI calcs until the numbers stopped being obviously ridiculous. They finally accepted the 150 or 200 year payback totally ignoring the anticipated real world life span of the physical components. That ROI scenario was based on the optimal placement of the solar units. In real life they were installed in the most visible location for publicity purposes. No ROI calcs were run for that fraud.
The basic physics have not changed since then. Research continues which show the possibilty of very modest improvements in efficiency under laboratory conditions but still nowhere near enough to displace our existing power generation and distribution systems.
There is no energy fairy.
China will figure out a way to capture American sunshine and sell it back to us at a low price to undermine our sun-value.
down the road is a new solar farm— dude took all the subsidies his dem lawyer pals could get for it, and covered his farmland with panels— that NOW do not work to provided the needed KWs to continue the subsidy. He lost his a@@ within the last 2 years, and his place is up for sale— for taxes. Says it all, that for a lease of public lands to take a chance— no bids— cause it does not in any way, pay.
Just replace "solar" with the word "fracking" and see the money roll in....
Note to oil wild cat entrepreneurs....
If the area is on the Green River Formation...get a winning bid ....put up some fake solar cells and DRILL BABY DRILL.
(From the US Geological survey report in January this year.....The Green River Formation contains 3 TRILLION barrels of oil....with an estimated 1 Trillion barrels recoverable with today's technology)
Can this be because there is NO PROFIT to be had??????????
Wish I had known about this. I would’ve bid a hundred bucks then use the land for hunting and camping (survey, don’t cha know).
Dang, I like that idea.
You want companies to PAY to set up solar farms? Companies want the taxpayers to pay for it all or they won’t deal.
Here’s the Denver Post article from two days earlier that Fox News copied, but the details are better in the Post: http://www.denverpost.com/breakingnews/ci_24379351/1st-auction-solar-rights-public-lands-colorado-draws