Oh no! Who could have seen this coming?
Solar farms will still be reliant on subsidies for up to another 14 years, the trade body for the industry has admitted – despite previously claiming the technology could be subsidy-free by 2020.
Most solar panels installed in the UK to date have been heavily subsidised and new solar farm projects are currently paid more than twice the market price of power for every unit of electricity they generate.
The subsidies, running to tens of millions of pounds each year, are paid for through levies on consumer energy bills.
Duh. I can’t even muster outrage at this anymore.
Solar and wind , given the current technology, are energy policy malfeasance, and politicians and others should be going to jail for it.
I think we can all agree that any industry which is subsidized by the government should have its subsidies revoked. The free market will price the goods or services from that industry accordingly. If people can’t afford the actual costs of subsidized goods and services, they have no business buying them.
“Tax breaks” are just another form of subsidy. Everyone needs to be on an equal footing.
Any form of eneargy that needs subsidies is really nothing more than a jobd progrsm for the installers.
http://www.thelasttradition.com/
As with wind power, I’ll believe that solar power is a viable source of grid power when 100% of the electricity needed for the production of solar panels comes from actual solar panels. Until then . . .
Multi-billionaire Warren Buffett, of he who owns the Burlington Northern Railroad (that ships vast quantities of Bakken oil via rail), is also heavily invested in solar and wind energy generation. He has said publicly that wind and solar make no sense as an investment without subsidies. Buffett is also against the Keystone Pipeline for some reason (I can’t imagine why, unless it’s concern for our friends the polar bears— Bakken oil shipped by rail creates less CO2 than Bakken oil shipped by pipeline, don’tcha know). I used to kind of admire Buffett. He’s had a lot of sound investment ideas in my opinion, but he’s turned to be just another grifter and rent-seeking subsidy farmer.
I like that train of thought.