|Re: Seems pretty clear -- savywhat|
|Posted by RichAndPretty , Sun, May 13, 2012, 13:48:50||Top of Thread||Reviews by RichAndPretty||Archive||Main BigDoggie.net site|
The wind energy industry has been having a hard time. The taxpayer funding that has kept it alive for the last twenty years is coming to an end, and those promoting the industry are panicking. Perhaps this current wave started when one of wind energys most noted supporters, T. Boone Pickens, Mr. Wind, in an April 12 interview on MSNBC said, Im in the wind business I lost my ass in the business.
The industrys fortunes didnt get any better when on May 4, the Wall Street Journal (WSJ) wrote an editorial titled, Gouged by the wind, in which they stated: With natural gases not far from $2 per million BTU, the competitiveness of wind power is highly suspect. Citing a study on renewable energy mandates, the WSJ says: The states with mandates paid 31.9% more for electricity than states without them.
Then, last week the Financial Times did a comprehensive story: US Renewables boom could turn into a bust in which they predict the enthusiasm for renewables could fizzle out. The article says: US industry is stalling and may be about to go into reverse. Governments all over the world have been curbing support for renewable energy.
PS: It is time for the AWEA and the politicians who support the PTC to explain why higher electricity costs, human health impacts, substantial loss of property values in rural communities, dead bats and birds, and increased national debt are good for America and her taxpayers .... BEEP BEEP.
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