Monday, December 30, 2013

The Solar Swindle

Another economic fascist scam that robs the poor to enrich the wealthy.
Oh. And it sure helps to reelect the incumbents!
Articles: The Solar Swindle:
"Solar electricity is growing, promoted, and most importantly, heavily subsidized.
The promoters of solar electricity claim that it is close to being competitive with conventional sources of electricity.  
That is a fantasy."
...An example of a hidden subsidy is the California Renewable Portfolio Standard that mandates utilities to obtain 33% of their energy from so-called renewable sources by 2020.  
This mandate forces utilities to contract for expensive sources of energy, such as solar.  
The cost is passed on to the utility customers with the connivance of the government.  
Although the motivation behind the California scheme is to reduce carbon dioxide emissions, politically incorrect sources of CO2-free electricity, such as nuclear and large-scale hydroelectric, can't be counted as renewable.

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