Worlds largest concentrated solar [taxpayer funded] boondoggle is going out of business after just 11 years
Posted by freedomforall 2 days, 1 hour ago to Government
Excerpt:
"It was supposed to last 50 years...
The PR writers want us to believe the legendary Ivanpah has been beaten out by better cheap solar, and that this is somehow a “success”. But the truth is, it’s been killed by the same subsidies and crooked market that birthed it.
The Big Government Blob distorted the free market, and created a boom in solar power. But the business case was not that good, there was no miracle in the storage of electricity, nobody wanted fried birds, and the subsidies kept forcing more solar power generation in at the same useless time of day.
Since there were too many generators at lunchtime and not enough customers, the last surviving part of the free market has solved the imbalance."
"It was supposed to last 50 years...
The PR writers want us to believe the legendary Ivanpah has been beaten out by better cheap solar, and that this is somehow a “success”. But the truth is, it’s been killed by the same subsidies and crooked market that birthed it.
The Big Government Blob distorted the free market, and created a boom in solar power. But the business case was not that good, there was no miracle in the storage of electricity, nobody wanted fried birds, and the subsidies kept forcing more solar power generation in at the same useless time of day.
Since there were too many generators at lunchtime and not enough customers, the last surviving part of the free market has solved the imbalance."
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- 4Posted by $ jbrenner 2 days, 1 hour agoAnd to think my once profitable waste-to-chemicals company went out of business so that Obama could lure my customers who wanted to absolve their environmentalist guilt to solar energy companies like this one and Solyndra. While it does serve the solar energy companies right, their looter enablers funded my competition at my expense. Yes, I am hacked off, and that is why my partners and I shrugged.| Mark as read | Best of... | Permalink
- 1Posted by $ Abaco 20 hours, 7 minutes agoI've seen this site from the air several times. I'm actually a fan of solar thermal. Wrote a white paper on it that was presented in Greece. I don't know the details of what killed this one...| Mark as read | Best of... | Permalink
