Browsing All posts tagged under »Solar Power Subsidies«

Texas College Nixes Sweetheart Deal For Solar Array Developer

June 4, 2019 by

0

By Bonner Cohen, Ph.D. ~ The higher-ups at Clean Vision Solar, LLC thought they had it all figured out. Dangle a $120 million solar array project on 2,241 acres of land about 60 miles south of Dallas, Texas, and the local college would be delighted to fork over juicy tax abatements to please the company’s […]

Australian Politics – Labor Party Fail: If Solar Power Is The Cheapest, Why The Need For Subsidies?

November 22, 2018 by

2

By Andrew Bolt ~ Here in Australia, the Labor Party’s Shadow Minister for Climate Change and Energy, environmental spokesman Mark Butler: The cheapest and cleanest replacement power generation is renewable energy. That’s, of course, ignoring the effect it has on the rest of the system, which must supply 24-hour, reliable power. But wait. If renewables […]

Failing The Laugh Test: Wind, Solar Power Make Subsidy Accusations

July 30, 2018 by

2

From the team at CFACT ~ The lavishly subsidized wind and solar power industries apparently don’t like other meth dealers – er, make that energy subsidy recipients – on their federal-pork street corner. The evidence? Wind and solar apologists are squealing with outrage that coal and nuclear power may finally get their own small piece […]

Renewable Power Australia – $60 Million For Each Solar Job

November 17, 2017 by

3

By Andrew Bolt ~ The Queensland Premier, Annastacia Palasczcuk, was promoting green energy at the Clare Solar Farm. Resources Minister Matt Canavan calculates the astonishing waste: “The Clare Solar Farm stands to get something like $340 million in subsidies over the next 13 years  for 5 jobs! That works out at $60 million a job.” […]

Taxpayers Are Footing Bill For Solar Project That Doesn’t Work

March 30, 2016 by

1

By David Kreutzer, Ph.D. ~ As every 10-year-old who ever got a sweater for a birthday present has been told, “it’s the thought that counts.” That seems to be the guiding principle at the Department of Energy and the California Public Utilities Commission when it comes to solar power. The latest example is the $2.2 […]

Why This Governor Opposes A Bipartisan Bill To Subsidize Solar Energy

March 29, 2016 by

0

By Natalie Johnson ~ Maine Gov. Paul LePage is fighting a bipartisan proposal designed to boost solar power development in the state by a factor of 12, arguing that it would benefit only the wealthy. At a business expo Thursday in central Maine, LePage, a Republican, warned that the solar power bill would increase electricity costs to 22 […]

The Conservative Case Against Energy Subsidies

January 11, 2016 by

0

By Nicolas Loris ~ It’s hard to take seriously an article with a contradictory title such as “The Conservative Case for Solar Subsidies.” The words “subsidies” and “conservative” do not belong in the same sentence together when discussing energy policy, unless “eliminate” is in the mix. Here are some of the major problems concerning Ben […]

5 Reasons Why We Shouldn’t Keep Subsidizing Wind And Solar Energy

December 15, 2015 by

0

By Katie Tubb ~ Proponents of energy subsides argue that they are necessary for any number of reasons such as, business certainty, to stimulate the economy, preserve jobs, combat global warming, compete internationally, and the like. But, in the long run, subsidies actually hurt the very industries they’re supposed to help by disincentivizing innovation and […]

Obama Called Conservatives Hypocrites On Solar Energy And Free Markets. Here’s What He Got Wrong.

August 26, 2015 by

0

By Nicolas Loris ~ President Obama is having a hard time with the definition of free market. The most recent example came from his remarks at the National Clean Energy Summit, an event hosted by Senate Minority Leader Harry Reid, D-Nev., to promote solar power. Obama told a crowd in Las Vegas that solar and renewables now […]

Let Them Have Solar Panels: New Obama Plan Doesn’t Help Poor, But Reducing Regulations Would

July 8, 2015 by

0

By Nicolas Loris ~ The White House is planning to give more than a half a billion dollars in government and private funding for solar panel installations for low and moderate-income households. Too bad the White House is simultaneously hurting those same struggling Americans by pushing energy regulations that will hike their utilities costs. The Obama […]

The Best Renewable Energy Investment

July 8, 2015 by

0

The 99% are subsidizing solar for the 1% who use it By Marita Noon ~ When you read a headline such as one from CNBC touting “Solar power’s stunning growth,” realize that it’s thanks to you—even if you’ve never even thought of putting solar panels on your roof or live in an apartment where you […]

New Report: Energy Department’s Loans, Loans Guarantees Costing Taxpayers $2.21 Billion

April 30, 2015 by

0

By Nicolas Loris ~ Despite many politicians hailing green energy programs as a success, taxpayers are likely to take a $2.21 billion hit for the Department of Energy’s loan and loan guarantee programs, according to a new government study. If that weren’t bad enough, though, these taxpayer-backed programs have far-reaching, unseen costs to the American […]

How These Green Companies Are Gouging Consumers With The Government’s Help

January 19, 2015 by

0

By Stephen Moore ~ Solar panels are being installed on the roofs of homes and businesses all across America at a record pace. The fad is the latest way for families to “go green” — the energy equivalent of blue recycling bins. The Solar Energy Industries Association likes to tout the industry’s “amazing success” — […]

If Obama Wants More Solar Energy, Why Is He Making It So Expensive?

December 21, 2014 by

0

By Bryan Riley, Nicolas Loris and Alden Abbott ~ President Obama has made it quite clear he wants to see more renewable energy in the United States. Then why is his administration making it more expensive? The U.S. government recently announced plans to impose taxes of up to 78.42 percent on imported solar parts to […]

Shady Circumstances Cloud Huge Solar Energy Plant Bailout

December 6, 2014 by

1

Ivanpah is producing only 25% of the energy promised by the Obama Administration By Larry Bell ~ As if receiving a $1.6 billion construction loan from U.S. taxpayers wasn’t quite generous enough, the owners of the world’s largest solar power plant — Google, BrightSource Energy and renewable energy giant NRG – are now seeking another $539 million […]

Feds Investigate Stimulus-Backed Solar Companies With Political Ties

December 16, 2012 by

0

By Lachlan Markay ~ Three solar companies are under investigation for potentially inflating costs in order to draw down more money from a stimulus-funded loan program. All three boast investors with significant ties to the Obama White House. The Treasury Department has subpoenaed Solar City, SunRun, and Sungevity, The Washington Post reports, seeking to determine […]

Solyndra Revelations Show It’s Time to Close the “Bank of Washington”

August 7, 2012 by

0

By Amy Payne ~ “The Bank of Washington continues to help us!” bragged Solyndra CEO Chris Gronet in emails released last week. An investigation by the House Energy and Commerce Committee revealed that Solyndra—the solar company that went under, taking more than $600 million in taxpayer funds with it—wasn’t ever supposed to be an independent […]

Germany Cuts Solar Subsidies, Has Its Solyndra Moment

April 5, 2012 by

0

By Romina Boccia ~ After budget-stricken Spain eliminated subsidies for new renewable energy this year, Germany is now following the example by making significant cuts to its solar subsidy program. Bloomberg reports: Incentives for solar units pushed capacity past government targets, prompting Merkel to cut subsidies even as she seeks to wean Germany off nuclear […]

Colorado’s Own Green Loan Sinkhole

March 10, 2012 by

2

By Michelle Malkin ~ There’s no escaping Solyndra Syndrome. Here in my home state of Colorado, citizen journalists have uncovered our own gaping government green loan sinkhole. The stench of Chicago-on-the-Potomac is fouling the fresh Rocky Mountain air. Meet Loveland-based Abound Solar, the lucky winner of a $400 million federal loan guarantee from the Obama […]

Subsidies and Costs in the Solar Industry

February 28, 2012 by

1

By David Kreutzer, Ph.D. ~ According to Germany’s environment minister, Norbert Roettgen, “Solar is a success story made in Germany.” “Success” appears to mean having the world’s largest amount of ridiculously overpriced electricity. (The German subsidy for solar energy is up to five times the actual wholesale cost in the U.S.) But even Roettgen realizes […]

If We’d Followed Australian Senator Bob Brown’s Solar Dream, We’d Be Broke

February 20, 2012 by

0

By Andrew Bolt ~ If it were up to Australian Greens Party leader, Senator Bob Brown, we’d have repeated Germany’s disastrous lead in ramping up solar power even more: SENATOR BOB BROWN: Well, it is the way to go. The Greens have recently rescued the proposals for base load solar power stations, which will go […]

Money Loser + $100 Million Subsidy = Money Maker?

February 14, 2012 by

0

By David Kreutzer, Ph.D. ~ When is a solar energy company a loan flipper instead of a solar energy company? How about when the value of its loan subsidies vastly exceeds the value of its solar project? A case in point is First Solar’s sale of its Antelope Valley Solar Ranch 1 (AVSR1) to Exelon. […]

Spain Fried By Solar Power

October 20, 2010 by

0

By Andrew Bolt Spain shows Australia’s Greens the consequences of the mad green power policies they recommend: Solar investors … were lured by a 2007 law passed by the government of Prime Minister Jose Luis Rodriguez Zapatero that guaranteed producers a so-called solar tariff of as much as 44 cents per kilowatt-hour for their electricity […]

The Solar Con: Seeming Green, Being Greedy

October 6, 2010 by

0

By Andrew Bolt This feelgood green scheme is nothing but a huge con. For more details, see my added comments at the bottom of this Post…..TonyfromOz. Green power is not just ludicrously expensive, but too often a transfer of wealth from the poor to the salvation-seeking rich: SCHEMES that pay households to produce power using […]