Read here. Big government loves renewable energy mandates and projects. Why? These projects require huge government handouts and subsidies that empower politicians and enrich their friends/lobbyists.
Most governments are now discovering that renewable energy initiatives are a sure path to uncontrolled government spending in the name of huge "renewable" corporate welfare. The Obama administration heartily embraces this form of corporate welfare to the painful detriment of the individual taxpayer and small businessperson.
"Renewable energy has proved an expensive and unreliable source of energy everywhere it has been tried on a significant scale. And now there is a big divide among the major European economies that have enthusiastically adopted wind, solar and the other renewables.....While the UK ploughs ahead by throwing good money after bad, Italy, Spain and Germany are cutting back on their taxpayer/ratepayer-funded generosity toward politically correct energies. France, meanwhile, with its abundant nuclear power, has smartly stayed out of the game.....Some countries are waking up to the disaster of extravagant subsidies to renewable energy. But Britain isn’t. The lesson for Americans is simply that throwing money at renewable energy tends to be an economic disaster, but that politicians buttressed by expensive lobbyists can keep the racket going regardless."
Other renewable energy postings.
