Wednesday, April 04, 2012

NV Energy windmill program generates rebates, little electricity - Friday, March 30, 2012 | 2 a.m. - Las Vegas Sun

To be eligible for rebates, customers didn’t need to prove that the wind actually blows enough to justify installing a turbine on their property.

Urban Heat Island Effect In South America « NOT A LOT OF PEOPLE KNOW THAT

According to GISS there is no heat island in Asuncion

- Bishop Hill blog - The Crazy Gang

I want to use football as an engine to fight against global warming

Italy to cut renewable energy subsidies - Power Engineering

Italy will move to reduce taxpayer subsidies to its renewable energy sector after last year's boom in solar power, Industry Minister Corrado Passera says.

The official said Saturday in Cernobbio, Italy, that taxpayer subsidies doled out to the wind and solar power industries had generated "excessive" investments in the sector, The Wall Street Journal reported.

Solar Trust of America files bankruptcy | Reuters

(Reuters) - Solar Trust of America LLC, which holds the development rights for the world's largest solar power project, on Monday filed for bankruptcy protection after its majority owner began insolvency proceedings in Germany.

The Oakland-based company has held rights for the 1,000-megawatt Blythe Solar Power Project in the Southern California desert, which last April won $2.1 billion of conditional loan guarantees from the U.S. Department of Energy. It is unclear how the bankruptcy will affect that project.

Taxpayers’ Green ‘Investment’ in Battery Company Withers | National Legal and Policy Center

Anyone who looks at A123, Fisker or any of the DOE’s stimulus grant or loan recipients and wants to debate whether they were a worthwhile “bet” of government funding, is missing the point. Even if they were a smashing success, private investors should have enjoyed the benefits, not bureaucrats. Would taxpayers have received a windfall if all the “green” energy companies were home runs? Of course they wouldn’t.

The process of picking winners and losers only invites appearance of cronyism at best and outright corruption at worst. Let private investors who can best afford to take the risks decide which corporate management and technological innovation holds the most promise. Government bureaucrats will never be able to exercise sound judgment in such matters. The many failures of "green" stimulus recipients is just further proof.

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