Friday, April 23, 2010

The Green Energy Debacle Continues

"Green" energy is a wholly owned creation of the US Congress and other governments, mostly European. Most green energy production, Ethanol and Solar and wind, would not exist except for the taxpayer subsidies and favors granted by governments.

The real problem is that R&D on really new and innovative energy solutions is being stifled because so much time and energy and capital is being wasted on the phantom green energy market.

The most recent example of just how ridiculous the situation has become:

In Spain, it is now profitable for "green energy" producers to use diesel powered lights to shine on solar panels.