|
I think we should exploit all sources of energy for our current and future needs, within reason. However, we need to keep in mind that the attainable contribution that wind and solar together can make to our total energy needs is around 5% to 8%, despite what the industry tells us. In addition, we must be very careful with subsidies. In fact, I'm in favor of no subsidy whatsoever. I know personally of two solar panel manufacturers which have used the so-called "stimulus" money given to them by Congress and the Obama Administration to relocate outside of California, ultimately to China. That's right. They used US Taxpayer funds given to them without strings attached, to relocate jobs, purchasing, demand for capital equipment and services, and all the associated secondary and teriary economic transactions, and moved it overseas. (one is actually temporarily relocating some of their manufacturing to North Las Vegas, but it will eventually go to China in about 3 years).
Having said that, there IS a way to store energy during off-peak hours. But it requires MASSIVE battery banks, which have a finite shelf life, and must be replaced surprisingly often. The cost of this just keeps mounting, and will shortly exceed 10X what current fossil-fueled and nuclear power costs are per megawatt-hour. This will ultimately lead to very little job creation in this industry, unless it is somehow mandated by Congress, ultimately adding further to the cost.
Fact is, green jobs kill regular jobs. For every "green" job, we lose an average of 2.2 regular jobs. Pretty consistent with what they have found in Spain, where so-called "green" jobs have been mandated for quite a while.
Don't get me started on the economics of solar and wind projects killing off recreational opportunities on public lands, and how much of that public land these projects occupy and monopolize.
Can you tell I'm not sold on solar or wind power projects?
|