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.
'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.
'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.
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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