That was awesome. I just sent it to The Motley Fool Podcasts team. They are largely misinformed about “green” energy, but maybe they reach out and get a guest like yourself to share the truth.
Thank you for this fact-packed analysis. The summary is the U.S. taxpayer is paying top dollar for very low-quality power. I call it "parasitic power" because it requires substantial fossil-fired backup to compensate for its substantial intermittencies. The following explains why this wasteful process persists.....
Here's one example of a well-heeled elite who admitted circa 2014 he is on the gravy train at taxpayer expense. (Buffett's father was a four-term U.S. Representative from Nebraska.) Multi-billionaire Warren Buffett explained the rationale for solar and wind generation in 2014:
"For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit."
"Big Wind's Bogus Subsidies - Giving tax credits to the wind energy industry is a waste of time and money." By Nancy Pfotenhauer, Contributor | May 12, 2014, at 2:30 p.m US News & World Report
Californians for Green Nuclear Power (CGNP) prominently displays the Warren Buffett quote in their booth at the Downtown San Luis Obispo California Farmer's Market.
This corporate welfare supported by aggressive lobbying must stop.
The answer to the questioning the title is much shorter than the article. Because politicians approving the funding like back pocket money.
That was awesome. I just sent it to The Motley Fool Podcasts team. They are largely misinformed about “green” energy, but maybe they reach out and get a guest like yourself to share the truth.
Excellent article.
Thank you for this fact-packed analysis. The summary is the U.S. taxpayer is paying top dollar for very low-quality power. I call it "parasitic power" because it requires substantial fossil-fired backup to compensate for its substantial intermittencies. The following explains why this wasteful process persists.....
Here's one example of a well-heeled elite who admitted circa 2014 he is on the gravy train at taxpayer expense. (Buffett's father was a four-term U.S. Representative from Nebraska.) Multi-billionaire Warren Buffett explained the rationale for solar and wind generation in 2014:
"For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit."
"Big Wind's Bogus Subsidies - Giving tax credits to the wind energy industry is a waste of time and money." By Nancy Pfotenhauer, Contributor | May 12, 2014, at 2:30 p.m US News & World Report
https://tinyurl.com/Buffett-Wind-Scam
Californians for Green Nuclear Power (CGNP) prominently displays the Warren Buffett quote in their booth at the Downtown San Luis Obispo California Farmer's Market.
This corporate welfare supported by aggressive lobbying must stop.