Federal Energy "Policy:" Epic Fail subject logo: BUSINESS
2009-06-28
Posted by: badanov

I have been hearing about renewable energy sources for at least 35 years. Even when subsidized by government as it has been for the entire 35 years it is not once, not even for six months, been used on a scale to be called reliable or efficient.

And in the intervening time I kept hearing about how improvements in "technology" will enable renewable energy sources to become "viable."

Well, technology has advanced and government subsidies to renewable energy sources has accelerated, and all by itself without government involvement, energy is more efficient, but not from renewable energy sources.

Well, now that the green weenies have captured a pliant legislature the resulting politics has determined that By Gawd come hell or $500.00+ a month energy bills, we will have renewable energy, regardless of the ultimate cost, even if it destroys a nation's prosperity.

How about E85 fuel, ethanol spiked gas? In Oklahoma you can see two filling stations, one right across the street from the other. One with higher prices with just as many people lining up to fill up, as with the lower priced gas.

Why?

Because one company, not a government subsidy, has determined, correctly, the non-ethanol gas even at a higher price is a better value and can be marketed more effectively than lower priced ethanol gas, which is heavily subsidized by government.

So, let us recap:

Renewable energy sources government subsidies to get it into the market?

Check. Fail.

Multi-tiered, government imposed energy pricing structures?

Was tried in the late 70s. Fail.

More expensive energy to reduce consumption?

Was also tried in the late 70s. Fail.

Ethanol, his time heavily underwritten by Washington?

Epic fail.

This "plan" will fail too.

If you have something to add, Fire Away!

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