Of course, this is of no concern to the state.
In Nevada, the state has mandated 15-20% renewable energy sources by regulated utilities by 2015 or so.
So giant solar energy plants are being constructed and subsidized. Green architecture gets property tax breaks.
Well, duh "The economics at the moment make the returns marginal negative" causing increases in utility rates and taxes.
yitbos
Simply a transfer of money from pockets of taxpayers and ratepayers to "green" investors like al-Gore and friends.
Of course, wait till they start redefining "renewable" the same way they kept redefining the goalposts of "success in Iraq" and Global Warming into climate change.
May I suggest one perfectly "renewable" resource - whale blubber oil? Due to advances in technology we don;t have to kill whales to get it, just do a "harpooned liposuction" from tankers right in the ocean...
Of course, problem with all these projects, like biofuels, wind, solar etc., is a little thing called "scalability", but we can think of this later, after getting grant money or even forgoing research altogether and getting Congress convinced to subsidize the "project" on grand, national scale for maximum financial "effect".
“In Nevada, the state has mandated 15-20% renewable energy sources by regulated utilities by 2015 or so.
So giant solar energy plants are being constructed and subsidized. Green architecture gets property tax breaks.”
We are wasting huge sums of money on this junk. Pouring it down the drain. Solar plants that cost $10 million produce less electricity than $1 million invested in coal or nuclear.
Environmental mandates are destroying our prosperity.