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Saturday, August 29, 2015

Energy Delusions

Officially clean energy is about generating energy without emitting carbon dioxide. The favorite technologies are wind and solar power. In reality clean energy is about crony capitalism and deluded environmentalists. The government gives subsidies to various useless wind power and solar power projects. The promoters of the projects and allied environmentalists support the politicians. The Clean Energy Summit is a chance for the crony capitalists and the politicians to get together and celebrate their mutual good fortune. Environmental organizations and their followers provide political cover. A political exchange of favors is morphed into a noble crusade to save the Earth from global warming.
The idea that adding CO2 to the atmosphere will cause disastrous global warming is irresistible because it provides endless financial opportunities for extracting money from the government and the consumers of energy. The global warming disaster theory, never strong, has been scientifically demolished by the accumulation of damaging facts such as the failure of the Earth to warm for the last 18 years. But so much money is being handed out that the clean energy industry has become entrenched and politically powerful.