This my friends is a fine example of a regulated market as opposed to a free market economy. The government runs short of money and the propped up, heavily subsidized industries sink faster than a lead balloon with a hole in it. How is anyone expected to trust such garbage as their source of power? What a joke! How much of our money has Obama wasted on this failure so far?
We could be using this money to build roads and bridges, or going to Mars, or something that isn't the same as flushing it down the toilet.
The roads and bridges he keeps talking about but never get done...you know those shovel ready jobs that were not ready...well they're still not ready.
Need to spend more on research and development to improve efficiency. Solar energy is clearly not being used enough and that's a shame. As long as the wind keeps blowing, the sun keeps shining and we fail to tap into these rebewable energy sources, I think we are ultimately wasting energy.
Germany € 0.2671 = $ 0.3624 USD per kWh Spain € 0.2013 = $ 0.2731 USD per kWh So Cal Edison $ 0.08 per kWh http://www.energy.eu/ Both Germany and Spain have aggressive solar programs. Even with huge subsidies look at how expensive it is. What abject foolishness. How is that supposed to help our economy recover?
Solar=.08 of our energy needs Wind=1.5 of our energy needs. Wood= 2.0 of our energy needs. Any country that does not use its own natural resources for energy is a fool.
Solar power and wind power is a boondoggle that will never pay off. It's an example of graft when the government dumps money into useless projects to make politicians and their supporters rich. See, Mr. Smith goes to Washington.
We have 100 years of natural gas, but Obama won't use it. This needs to be the defining question for the 2012 Presidential election.
Sorry but the most efficient solar cells are only 17% efficient. And that has only been achieved in a lab. To become even remotely competitive with oil and gas and even nuclear they must reach 50%. Trust me on this one. I had a plan all set on the implementation of these cells until I found out how low this figure is. NO subsidy can make up for the difference in efficiency and durability of the cells themselves. One strong hail storm and they're gone. http://sroeco.com/solar/most-efficient-solar-panels Sorry But it just ain't happening yet.
Did you bother even reading what you posted? Right there in the excerpt: "He cited the lack of a broad U.S. clean-energy policy, compared to billions of dollars in Chinese government support for Chinese solar companies, as having led to a sort of arrested development of the U.S. clean-energy sector, with no bottom to falling stocks in sight"
Did you bother even reading what you posted? Right there in the excerpt: "He cited the lack of a broad U.S. clean-energy policy, compared to billions of dollars in Chinese government support for Chinese solar companies, as having led to a sort of arrested development of the U.S. clean-energy sector, with no bottom to falling stocks in sight" That's even before we get around to cherry-picking 2 companies...
So what do we do about the huge carbon footprint of all the elites??? Such as Bobo, his wife, the dog, the Hollywood elite..etc.????
Simple logic Todd. Their workers work for $.69 an hour and don't suffer under the enviro whackos like American companies.