Wind farm paid £1.2 million to produce no electricity
A wind farm has been paid £1.2 million not to produce electricity for eight-and-a-half hours.
Edward Malnick and Robert Mendick
The amount is ten times greater than the wind farm’s owners would have received had they actually generated any electricity.
The disclosure exposes the bizarre workings of Britain’s electricity supply, prompting calls last night for an official investigation into the payments system. (TDT)
Wind power: a policy spinning out of control
China quells village solar pollution protests
Residents of a village in east China accused riot police of heavy-handed tactics after a three-day protest against a solar panel factory accused of dumping toxic waste was brought to an end on Sunday. (Reuters)
Ruth Lea: We Simply Cannot Afford The Government’s High-Cost Energy Policies
Sunday, 18 September 2011 21:26 Ruth Lea, Conservative Home
The Chancellor of the Exchequer recently conceded that the forecasts prepared by the Office for Budget Responsibility (OBR) for the March Budget will be undershot. There will be a new set of forecasts, along with measures to boost growth, in the Autumn Statement (29 November). Growth, or more accurately lack of growth, is rapidly becoming the big economic story along with the inter-related and intensifying crisis in the Eurozone – but more on this another day. Despite the disappointing prospects, the Chancellor reiterated that he would be sticking to his deficit reduction plans, rightly so in my view. (GWPF)
Huhne Does He Think He is?
What the Minister for Energy and Climate Change thinks about the public: (Climate Resistance)
The Spreading Green Jobs Scam
Boondoggles: With a minimum of five green firms going bankrupt, taxpayers find themselves on the hook for at least one possibly illegal loan while paying ghastly sums for each green job created. We’ve been sunburned. (IBD)
Obama green-tech program that backed Solyndra struggles to create jobs
A $38.6 billion loan guarantee program that the Obama administration promised would create or save 65,000 jobs has created just a few thousand jobs two years after it began, government records show. (WaPo)
Terence Corcoran: How to enlighten Penelope on green jobs
Solyndra: The Green Bay Of Pigs?
Saturday, 17 September 2011 07:45 Walter Russell Mead, The American Interest
It seems that Uncle Sam’s Mickey Mouse loan deal to the now-bankrupt solar manufacturer Solyndra was not only a bad investment decision, but likely a contributing factor to the company’s implosion. (GWPF)
Dubya vs. Nobel Prize–Winner Stephen Chu
September 17, 2011 8:11 A.M.
By Greg Pollowitz
How come Solyndra was able to trick a Nobel Prize winner and yet the Bush administration was able to see the problems at Solyndra? (Planet Gore)
Solyndra: a textbook example of green economic insanity
Solyndra was a solar panel company founded in 2005 which went recently bankrupt, despite half a billion of subsidies from the Obama White House. (The Reference Frame)
Fury over Solyndra loan threatens to sunset solar investments
By Andrew Restuccia
Political fury over a failed $535 million loan guarantee to an Obama administration-backed solar company is threatening to poison the well for future green investments. (E2 Wire)
The Govt. as Venture Capitalist, Cont.
September 17, 2011 10:00 A.M.
By Greg Pollowitz
We posted about this on Solyndra on August 31: (Planet Gore)
Solyndra Workers Looking for Non-Green Jobs
September 17, 2011 8:17 A.M.
By Greg Pollowitz
And if you needed more proof that “green” jobs are a myth, the workers of Solyndra are applying for government assistance to learn a new trade: (Planet Gore)