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Two major companies are nearing bankruptcy.

http://www.breitbart.com/big-g...dying-good-riddance/

A third has joined them

http://www.zerohedge.com/news/...and-85-more-downside

Couldn't produce a profit in Germany or Spain without massive government subsidies,  Same story in the US, except that sites in the desert can't either. 

TRUTH -- THE NEW HATE SPEECH!

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'Clean Energy' Ruined Spain; now Obama is Dragging the US Over the Same Green Precipice

Written by James Delingpole, Breitbart London on .

"Feeding the masses on unicorn ribs". That was how Walter Russell Mead once poured scorn on Obama's misbegotten attempts to revive the US economy by creating five million "green jobs."

Mead was quite right, of course. And there was plenty of evidence to back him up, such as the 2009 report by a Madrid university professor Gabriel Calzada Alvarez that for every expensive "green job" created by government subsidy, 2.2 jobs were destroyed in the real economy.

http://www.climatechangedispat...green-precipice.html

budsfarm posted:
Stanky posted:
direstraits posted:

Where will the power come from as the fossil fuel plants are destroyed and the solar plants go belly up?

Got a bicycle?

Why are there brakes and handlebars on the front wheel.  She ain't going anywhere.

For that matter, why is there even a front wheel?

 

It might take all night to recharge the electric car, so it might be easier to uncouple and go to the welfare office after a good night's sleep.

Last edited by Stanky
Stanky posted:

'Clean Energy' Ruined Spain; now Obama is Dragging the US Over the Same Green Precipice

Written by James Delingpole, Breitbart London on .

"Feeding the masses on unicorn ribs". That was how Walter Russell Mead once poured scorn on Obama's misbegotten attempts to revive the US economy by creating five million "green jobs."

Mead was quite right, of course. And there was plenty of evidence to back him up, such as the 2009 report by a Madrid university professor Gabriel Calzada Alvarez that for every expensive "green job" created by government subsidy, 2.2 jobs were destroyed in the real economy.

http://www.climatechangedispat...green-precipice.html

Pretty much the same in Germany, their electricity costs 293 percent more than average US cost based on 35 cents per kwh.  In the Shoals area we pay about 16.1 cents per kwh -- over 700 percent more.  One reason we have German companies building cars in the US is cheaper power.

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