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Bailing Out Wind
IBD Editorials ^ | December 16, 2008

Posted on 12/16/2008 6:23:23 PM PST by Kaslin

Energy Policy: Obama announces his energy team without mentioning a green source of renewable energy that could create jobs, reduce carbon emissions and reinvigorate a vital manufacturing sector — nuclear power.


The domestic auto industry isn't the only uncompetitive industry that seems to require life-sustaining transfusions of government cash to stay in business. Alternative energy sources have relied on such subsidies, called "investments," for years.

Yet in President-elect Obama's announcement of his energy team, we were told "the foundations of our energy independence" lie in "the power of wind and solar." Except that for these alternative sources there's been a severe power shortage.

After decades of tax credits and subsidies, wind provides only about 1% of our electricity. By comparison, coal provides 49%, natural gas 22%, nuclear power 19% and hydroelectric 7%.

Wind power is currently uncompetitive. As the Atlanta Journal-Constitution reported recently: "In 1999, 2001 and 2003, when Congress temporarily killed the credits, the number of new turbines dropped dramatically." These subsidies will be renewed in the new administration, but to "invest" in wind and solar to replace fossil fuels will be expensive.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Business/Economy; Editorial; Politics/Elections
KEYWORDS: alternativeenergy; bailoutnation; drillbabydrill; electricity; energy; ge; generalelectric; ibd; naturalgas; nuclearpower; obama; obamatransitionfile; pickensplan; solar; subsidies; tboonepickens; threemileisland; wind; windpower

1 posted on 12/16/2008 6:23:23 PM PST by Kaslin
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To: Kaslin

I know this sounds like a Democrat.....but I refuse to use the terminology “President-Elect”. He is not my President, he is an illegal immigrant.


2 posted on 12/16/2008 6:34:03 PM PST by RC2
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To: RC2

Wing generated power needs 85 percent backup from fossil fuels to work in most of the US. In Texas, this is > 90 percent back up.


3 posted on 12/16/2008 6:37:02 PM PST by Eric in the Ozarks
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To: Kaslin

I think that if there were truly a workable solution to the energy crisis, The last person(s) to find it would be the “office Of The Pesident Elect” (Props to Mark L for his making the mockery that it is, of the term)

We have it (the rescources & the tech) here, we can do this, on our own. We just have to school the envirowhackos. I try in my own small way, but I have a small voice, I ain’t a big shot so...

Every time a Libtard Environut speaks, logical folk should do thier duty - and inform them that, by speaking, it releases more CO2 in the air than simply being a silent usefull idiot.
And if they foam, please post a pic.


4 posted on 12/16/2008 6:43:30 PM PST by ChetNavVet (Build It, and they won't come!)
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To: Kaslin
without mentioning a green source of renewable energy that could create jobs, reduce carbon emissions and reinvigorate a vital manufacturing sector — nuclear power

That's good news, nuclear would be destroyed by a 'helping hand' of Big Government.

5 posted on 12/16/2008 6:47:33 PM PST by Balding_Eagle (Overproduction;, one of the five top worries of the American farmer.)
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To: Kaslin

The problem with nuclear energy is that it allows the economy to grow...

...something that cannot be tolerated by this bunch coming into Washington.


6 posted on 12/16/2008 6:48:09 PM PST by BobL
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To: Kaslin
Bailing Out Wind

I thought this article was going to be about methane taxes on livestock. Silly me.

7 posted on 12/16/2008 7:19:34 PM PST by Disambiguator
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To: Kaslin

We have plants to use as an analogy of how solar works: There needs to be a whole forest of leaves to collect the sunlight, and a whole network of branches to connect the energy.

How is it, that solar or wind collectors, with their forest network of concrete, and rare metals like copper are going to be environmental friendly? just image trials and roads cut through forests parks and wetlands to hook up these eye sores! The level of hypocrisy coming from liberal Democrats is beyond idiocy, idiocy that the public is buying their stubbornness to give in to a good idea, which is “greener” than strip mining copper and rock quarrying tons of cement to erect low yield energy solar and wind collectors when we can go Nuclear !

The hypocrisy is blatant, here we are inferior because we are not like the rest of the world when it comes to policies, yet the one good policly the rest of the world holds, Nuclear Power, Obamamites put their head in the sand...


8 posted on 12/16/2008 7:36:16 PM PST by seastay
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To: Kaslin

bump


9 posted on 12/16/2008 7:53:17 PM PST by VOA
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To: Kaslin; Genesis defender; proud_yank; FrPR; enough_idiocy; Desdemona; rdl6989; Little Bill; ...
 


Beam me to Planet Gore !

10 posted on 12/17/2008 4:08:34 AM PST by steelyourfaith
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To: Kaslin
wind provides only about 1% of our electricity

Wind doesn't reach this amount. It is only 0.4%

Wind power in the US generates about 17 billion kilowatt-hours annually. We generate over 4 trillion killowatt-hours.

Source: WIND INDUSTRY STATISTICS
http://www.awea.org/faq/wwt_statistics.html

U.S. Electric Power Industry Net Generation
http://www.eia.doe.gov/cneaf/electricity/epa/figes1.html

11 posted on 12/17/2008 5:12:33 AM PST by thackney (life is fragile, handle with prayer)
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To: Kaslin

I just can’t wait until we can all sit around the wellhead and cuss ‘Big Wind’.


12 posted on 12/17/2008 5:24:37 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Kaslin

It tells you something when an industry can’t make it
without subsidies: Both wind and solar are not as efficient
as petroleum and never will be. I have been involved with
solar for years: the prices for solar panels and equipment
have actually gone up in the 20 years I have been involved.


13 posted on 12/17/2008 9:36:35 AM PST by upcountryhorseman (An old fashioned conservative)
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