Patrick Carroll 
Member since Jun 1, 2012


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Re: “When Will We Go Green?

I found it rather disturbing that Paul Gipe would suggest that California should make more aggressive use of the feed-in tariff in order to jumpstart CCAs, and to point to Europe as an example.

Spain aggressively supported green power through the use of the feed-in tariff, but it was only able to do so by giving massive government subsidies and incentives. This did not create new green jobs; according to one study, Spain lost 2.1 jobs for every green job that was created. The green power program blew a hole in the Spanish economy that helped to send it into a deep recession that threatens to drag down the entire Eurozone.

Here in the US, we have only to look down I-880 a few miles to see the remains of another green dream, Solyndra, which foundered despite a government guaranteed loan of over a half billion dollars.

Green power is a chimera, it is a mare's nest that has not and cannot make a return on investment. It is a recipe for disaster that will help to bring down the California economy, as surely as it brought down Spain.

Patrick Carroll

1 like, 2 dislikes
Posted by Patrick Carroll on 06/01/2012 at 12:55 PM

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