The new "Green" economy

[OldJourno]

Frodo always assures us that thousands - nay, millions - of new jobs are just waiting to be created once our betters in Washington get around to unleashing the wonders of green energy.
I not sure this is one of the examples he had in mind. Another Obama-era crash and burn, this one in the Central Nevada high desert ...

WASHINGTON — The Department of Energy on Thursday announced a settlement to recover $200 million in taxpayer funds from Tonopah Solar Energy, a first-of-its-kind Nevada solar project that never showed a profit and frequently was offline.
The $1 billion Crescent Dunes Solar Energy Plant, which received $737 million in loan guarantees in 2011, has been offline since April 2019. The closure brought back memories of California solar panel manufacturer Solyndra which received a $535 million federal loan guarantee in 2009 only to file for bankruptcy in 2011.

https://www.reviewjournal.com/news/...ject+-+title&utm_campaign=Your+Afternoon+News

 

[Conager]

Come on, now. Let's be fair. This project generated lots of jobs- in China.

 

[phrodeau]

How about that, your link does mention someone named Frodo. What an accurate journalist you are.

 

[bellisarius]

Frodo always assures us that thousands - nay, millions - of new jobs are just waiting to be created once our betters in Washington get around to unleashing the wonders of green energy.
I not sure this is one of the examples he had in mind. Another Obama-era crash and burn, this one in the Central Nevada high desert ...

WASHINGTON — The Department of Energy on Thursday announced a settlement to recover $200 million in taxpayer funds from Tonopah Solar Energy, a first-of-its-kind Nevada solar project that never showed a profit and frequently was offline.
The $1 billion Crescent Dunes Solar Energy Plant, which received $737 million in loan guarantees in 2011, has been offline since April 2019. The closure brought back memories of California solar panel manufacturer Solyndra which received a $535 million federal loan guarantee in 2009 only to file for bankruptcy in 2011.

https://www.reviewjournal.com/news/...ject+-+title&utm_campaign=Your+Afternoon+News

Didn't a complete commitment to "Green" crater Spain's economy back in the late 90's early 2000's?

Just asking.

 

[Ziggins]

Green living starts with using less energy and products made with energy. That is economic contraction, which no politician will advocate again after Carter's loss, until the empire is completely broken and the US lives entirely on its own resources.

 

[phrodeau]

Green living starts with using less energy and products made with energy. That is economic contraction, which no politician will advocate again after Carter's loss, until the empire is completely broken and the US lives entirely on its own resources.

The empire? Are you in a galaxy far, far away?

 

[OldJourno]

Green living starts with using less energy and products made with energy. That is economic contraction, which no politician will advocate again after Carter's loss, until the empire is completely broken and the US lives entirely on its own resources.

You mean like being an energy exporter?
Dude, we're there. It's a beautiful thing.

 

[SpeareChucker]

Didn't a complete commitment to "Green" crater Spain's economy back in the late 90's early 2000's?

Just asking.

Germany did a back pedal too as did Australia.
You simply cannot create technology and
demand by bureaucratic edict.