In South America the socialists are addicted to oil, is there opportunity for market based “alternative energy” there?

We at ACC are very much for “clean energy” sources. The world has a giant nuclear reactor in the sky called the sun. It seems we should be able to figure out how to make it work for us.

However when governments get ahold of “clean energy” it is almost always about creating boondoggles that benefit connected contractors. Almost always. That’s what happened with the Obama “Greenrush.” (Paid for by you and me of course.) 

But in South America things,

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These government-approved high-interest green loans are turning mortgage lending upside down

I like solar power. Who doesn’t? We have a giant nuclear reactor in the sky and we should make better use of it for energy purchases. However the “policy makers” in Washington continue to screw up the solar equation.

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Taxpayers Are Footing Bill for Solar Project That Doesn’t Work (We are on the hook for $1.6 billion, maybe more)

And please do tell me how this isn’t a massive scar on the land.

I once put together a panel with David Kreutzer (the author of the attached article) on it. Good to see he is examining the crony side of energy these days and continuing his good work.

As we say all the time with these stories, we are for alternative energies. But we are for them within the market. Billions of dollars shouldn’t be going to corporate America to pursue some politician’s whim.

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GOP businessman pushes wind, solar (Surprise, he wants subsidies. AKA your money)

Where solar makes more sense and where it makes less. 

We are for solar and wind. In fact in my next house I intend to have large solar panels installed with a backup battery system. We like green stuff. But subsidies are not cool and invariably are vehicles for crony capitalism. Invariably.

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Big Oil, Make Way for Big Solar. The (crony) Winners and Losers in Paris

We are for a cleaner planet. We like solar power, wind, hydro, and the rest. We do not however like central planning and “leaders” picking winners and losers. Picking winners and losers is exactly what was done in Paris this past week. Though it remains to be seen if much at all was actually done. Which is a good sign.

The rush is on to get a carbon “agreement” in place before Obama is out of office. Many are calling the Paris agreement “Congress proof.”

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Energy chief says solar doesn’t need subsidies to grow

Good. Glad to hear it. We are very much for solar energy within the marketplace.

Solar HAS enjoyed crony subsidies for far too long. However, if we can get rid of the solar subsidies now that would be progress. If solar can continue to grow, then great. But don’t ask the taxpayers for anymore sweetheart deals.

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Google-Owned Solar Company Requests $540 Million Bailout To Help Pay $1.6 Billion Loan

It seems that the solar power plant underestimated the number of sunny days and has only been able to produce 25% of the energy it said it would be able to produce. Now, this giant mirror farm was built in the California desert on the way to Las Vegas. There aren’t many rainy days in that neck of the tumbleweeds. But the boondoggle is missing its production numbers by 75% because of too many clouds? Isn’t California in the midst of a horrible drought?

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Court Rules Off-The-Grid Living Is Illegal

I’d love to live completely off the grid. There are quite a few people around me who live that way and do it comfortably. To be completely self sufficient (from an electrical and water standpoint anyway) is incredibly cool. The city of Cape Coral Florida does not agree with me however.

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The Energy Department’s Solar Cronyism

Solar power is good. In fact I grew up with water heated by solar panels installed by my electrical engineer dad. It worked great and that was in the mid 1980s. I have probably taken more energy off the grid than most people in America have. (Or more precisely my dad did.)

You know what isn’t good? Solar subsidies targeted at achieving unattainable goals but which will fatten the pockets of the politically favored.

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Green Tea (Party?) Free marketeers take on Southern Power’s state granted monopoly

What many of my liberal/progressive friends do not understand about the Tea Party is the strong pro-market, pro-small guy, pro-entrepreneur, not necessarily “pro-business,” pretty much libertarian streak which runs straight through it and which puts it at odds with the establishment GOP. For many the Tea Party is as much a revolt against the wishy washy Republicans and their version of big government as it is against the Democrats and their version of big government. For many within the movement the GOP is actually the greater villain than the Dems.

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GREEN ENERGY TRIUMPH: $11,000,000.00 SPENT PER JOB CREATED

The environment is very important to us at Against Crony Capitalism. We believe in a cleaner planet, we are fans of trees, we like vast expanses of rain forest, we like environmentally friendly materials and energy. But  in order for something to be considered truly sustainable it must be sustainable economically. Does the market want a material or form of energy at a cost which makes sense? If the answer is no, if a project is not economically sustainable, it should not be done.

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