Recent revelations into so-called Green Technologies has raised my suspicion as to their true efficacy.
A report from scientists at a California research group reveals that it takes more energy to create a gallon of ethanol than the energy a gallon of ethanol can give back when burned!
What?! Maybe we'll make it back in volume (sic!)
GM has announced a new Chevy, the Volt, which will sell for $40,000, only travel 50 miles on a charge but will give the owner a $8500 tax credit! When the battery runs out, you can either run it on its gas engine. If at home you plug it into your garage receptacle where it will likely be recharged with electricity made in a coal fired power plant.
The local community is drooling over the money a solar electric farm will make for it, after they cover a 35 acre pasture with panels. $300 profit per year per family is claimed. I don't believe it. What makes a protest difficult is that the proponents of the project are a bunch of inexperienced college kids, (undergraduate engineering students), led by an equally inexperienced ivory tower academician with a PhD.
What all these green technologies share in common are heavy government subsidies.
In the case of ethanol, 30 Billion dollars in ten years. I believe that these echnologies have been artificially stimulated into existance by markets created exclusively with stimulus money and that they would all fail in an adrenalin heartbeat if tax payer money weren't being thrown at them.
I've argued that any solar farm built with today's technology will be a technology dinosaur in a few years when the lease runs out and we'll be left with a source of electricity that costs more to maintain than we can ever recover.
Does anyone have any empirical data on the cost effectiveness of solar panels?
Thanks
LJ
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