Thursday, October 20, 2011

California Green Tax Breaks in Question - CNBC
In just a year, a little-noticed state panel created with bipartisan legislative support worked briskly to authorize $104 million in tax breaks to help "green" companies in California buy equipment and add jobs.

But the program was halted last month following the bankruptcy of Solyndra, a Fremont solar company that received $25 million in state tax breaks and, more notoriously, a $528 million federal loan guarantee despite its precarious financial state. The Solyndra debacle is being investigated by Congress.

The California program has been frozen to new applicants amid questions about how the recipients were chosen.
Articles: Subsidies Have Consequences
The trouble with the ruling class is that it doesn't have a clue about business.
Articles: The Bizarre World of Radical Climate Science
The reports of the International Panel on Climate Change (the IPCC) are often taken as the authoritative last word on climate change. These reports are are disorganized and unfocused. As a result, most people go no further than the introductory Summary for Policy Makers. If you dig deep into the reports, solid scientific support for the claims of impending catastrophe is not there. Computer models are the shaky foundation of global warming. Models from different modeling groups disagree with each other by wide margins. As the IPCC admits, the models have serious deficiencies. The IPCC uses misleading graphical illustrations to make it appear that the models can accurately mimic the Earth's climate.

1 comment:

Reed C said...

"Intergovernmental Panel on Climate Change," not "International Panel on Climate Change."