Tuesday, April 14, 2009

Space Race: Are Solar Satellites the Next Big Thing? - Environmental Capital - WSJ
The upside: Solar arrays in space would have unfettered, 24-hour access to solar radiation, making it true baseload power. The 2007 report notes that a single, kilometer-wide strip in space holds more energy potential than all the world’s oil and gas reserves.

The downside: Putting solar arrays in space in the first place. Simply put,
“existing launch infrastructure cannot close the business case,” the report found.
Wrong use of school funds - Should we blow education money on the climate scam?
Subprime loans helped create our national economic crisis. Politicians, bankers and regulators are rightfully taking heat for some bad decision-making.

State Treasurer Cary Kennedy and Rep. Andy Kerr apparently missed the message. They have proposed a new law to divert money from the state's school trust fund to make sub-market loans to schools that want to build solar panels and wind turbines. The bill uses money intended for all schools to subsidize a few.

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