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Global Warming on 15-Year Hold
April 2, 2012 | 12 comments
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Suddenly This Summer
March 31, 2012 | 8 comments
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FakeGate: Just Another Day at Team Green
February 22, 2012 | 7 comments
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“Climate” and the Campaign
January 12, 2012 | 8 comments
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Germany’s Green Bubble Follows Spain’s; Will Congress Waste More Billions on Ours?
December 15, 2011 | 3 comments
The Spectacle Blog
So it isn’t true that Spain’s green economy — Obama’s serially cited model, until the catastrophe was exposed — was nothing more than a bailout for investors in uneconomic investments whose good money was, admittedly, incented by the state into chasing uneconomic investments with the promise of massive guaranteed returns (at the ratepayer’s, and futures taxpayers’, expense, as I detail in Power Grab).
Now it turns out that Spain’s scramble away from its “green jobs” debacle has, under lobbying pressure from the Frankenstein interests that this scheme creates, morphed into another bank bailout to avert collapse from overinvestment in a state-sponsored bubble.
Hmmm. Now where have I heard that bef… For anyone who has followed the issue this piece setting out why and how this is the case is a worthwhile read, especially the parts between the lines.
View all comments (1) | Leave a comment
More Blog Posts by Chris Horner
http://spectator.org/blog/2010/08/03/green-economy-spanish-for-bail
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Bob K.| 8.3.10 @ 10:54AM
The big problem is the matter of the storage of the energy.
Do you create the energy from matter where it is already stored such as in Uranium, coal, oil or gas and it's derivatives and from water backed up in dams or do you make it first from the sun, wind, tides etc and then find a place to store it or use it before it dissipates.
The energy realized from the former can be managed and controlled but there are large problems with costs in manufacturing it and environmental concerns and with it's waste by products.
The main problems with the latter are it's reliability and efficiency which are very important issues in our technological society, and everybody knows this and no one will invest in it without government subsidies to protect their investments. And it also has it's own environmental issues to address.