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First Solar, an Arizona-based solar-panel manufacturer, expects to receive as much as $710 million this year—nearly 90 percent of its expected operating profit—from federal subsidies meant to encourage domestic renewable energy production. Those incentives could be worth more than $10 billion for the company over the next decade. The incentives were approved by a Democratic Congress and President Biden last year […]
Solar power is to be the savior of President Biden’s climate agenda, being the “green” resource of choice. However, solar power has a number of unfavorable issues that limits its ability to become the savior that the Biden Administration wants. They include: Solar is an intermittent technology that provides no power when the sun does […]
According to The New York Times, President Biden is imposing a tariff of between 14 percent and 15 percent for the next four years on imported crystalline silicon solar products, but his administration at the same time doubled the amount of solar cells that can come into the country without facing tariffs to 5 gigawatts and exempted bifacial […]
Next week, Advanced Energy Economy (AEE)—a group co-founded by billionaire environmental activist Tom Steyer—will host its annual event titled “Pathway to 2050.” The name of this conference is in reference to California’s renewable energy mandate that requires the state generate 50 percent of its electricity from renewable sources by the year 2050. California already has […]
President Obama’s recent speech in Las Vegas about energy is either amazingly dishonest or amazingly ignorant. It is as if the president and his advisers read Nineteen Eighty-Four by George Orwell and instead of treating it as a cautionary tale, they considered it a how-to manual for talking about energy. President Obama even trotted out […]
The following graphic was recently making the rounds on social media: The total area of solar panels it would take to power the world, Europe, and Germany: (Source.) The purpose of the graphic, of course, is to show what a “no brainer” it is for humans to switch to solar-powered electricity plants. Many people presumably saw […]
The environmentalist Outrage Police are at it again, this time over solar power. Specifically, a new LA Times article explains that utilities and America’s most feared brothers (since the identical twins from GI Joe) are trying to get rid of arbitrary government mandates on how much electricity must come from renewable sources, so that consumers […]
Like, first they came for the loggers, and I was like, who cares? Then they came for coal miners, and I was like, right on dude. Wait, wait, you seriously want to take away my bonfire? Help, somebody help!Fox News (7/11/13) reports: A tradition dating back to the 1940s — bonfire pits on the beaches of […]
Here’s the thing. Even if Congress passed us a law that gave us cash to become tall and good-looking, we would still remain balding, overfed, leaping gnomes. So it is with physics. The federal government can’t just incentivize things into existence. The Atlantic (5/26/13) reports: “Electric car infrastructure company Better Place’s move to file bankruptcy today marks […]
No need to panic! The Obama Administration plays the market long. We’ll recoup these “investments” during His Majesty’s fourth term. Yahoo (4/24/13) reports: “The Obama administration was warned as early as 2010 that electric car maker Fisker Automotive Inc. was not meeting milestones set up for a half-billion dollar government loan, nearly a year before U.S. officials […]