Good news - government subsidies for solar power

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From The Daily Caller:

Congress Asked To Eliminate $270 Million A Year In Solar Subsidies
Conservative groups wrote a letter to Congress Tuesday asking lawmakers on the appropriations committee to eliminate a solar subsidy program worth $270 million.

Conservatives want Congress to pull funding from the Energy Department’s SunShot Initiative, citing recent investigations that found the program provided subsidies for rooftop solar power.

The letter calls SunShot the “ground zero of the solar subsidy machine,” arguing that it gives out millions of dollars in subsidies through net metering programs. Such programs force utilities to buy the electricity from rooftop solar panels at up to six times the market price, effectively forcing non-solar residents to pay more to maintain the grid.

Good - we need to spend our money on real energy solutions instead of the warm and fuzzy experiments that have been promising renewable energy in just five years for the last thirty years.

Nuclear is the way to go especially Liquid Fluoride Thorium Reactors - no waste problems, operates at atmospheric pressure so no containment ve$$el needed and absolutely walk-away safe.

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This page contains a single entry by DaveH published on April 26, 2017 4:52 PM.

More on the Laffer Curve was the previous entry in this blog.

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