DYSPEPSIA GENERATION

Steven Hayward at Powerline doesn’t know where to start.

First, out of California—good news!  Fewer solar projects in California will fail in the future!  This is chiefly because the state is simply mandating that utilities buy their power, no matter what it costs.  Pretty easy for your business model to work when you have tax credits and the government mandating that people buy your product.  Where can I signup for this deal?  (Oh yea, the White House.   I forgot.)  Try this headline out as a thought experiment: “Fewer Oil Wells Will Lose Money.”  Doesn’t seem too likely, does it?

This entry was posted on Thursday, February 16th, 2012 at 06:28 and is filed under Your tax dollars at work - and play.. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.