Ed. Note: The government-enabled on-grid wind and solar industries are on the downside of a political business cycle. The lesson for sustainable entrepreneurship is to meet underlying consumer demand, not rely on special favor from temporary political majorities.
Last Friday, the Daily Caller News Foundation broke an exclusive story that the U.S. had ordered a halt to construction on the offshore Revolution Wind Farm project. The article, “Trump Admin Kills Massive Offshore Wind Project,” announced the Bureau of Ocean Energy Management (Department of Interior.
Revolution Wind is a 704-megawatt (MW), 65-turbine wind project located 15 miles south of Rhode Island’s Point Judith port and 32 miles southwest of Martha’s Vineyard. The capacity has been contracted under 20-year power-purchase agreements to utilities in Massachusetts (304 MW) and Rhode Island (400 MW).…
Continue Reading“And yes, there is empirical, peer-reviewed support for the conclusion that climate deniers, in general, are truly awful human beings.” (- Michael Mann, below)
Michael “Climategate” Mann cannot get out of his own way. His arrogant, condescending social tweets speak for themselves–just as the words, sentences, and paragraphs of the East Anglia emails did. He is not the kind of person you would want in just about any endeavor, much less as a climate scientist trying to present a case.
This post traces Mann’s angst on X and then at BlueSky, his successor to X.
… Continue ReadingThis is my final post on this platform (aside from my social media team’s pro forma posts noted below) until it is no longer owned by Elon Musk. “But on X, my social media team is reposting things” [Joe Romm?].
“Never again; let the free market choose winners and let government not pick losers.”
Remember Solyndra, a solar panel manufacture that collapsed soon after receiving a $535 million loan guarantee from the US government back in 2011? This company received the U.S. Department of Energy’s first loan guarantee under the American Recovery and Reinvestment Act of 2009, an infamous beginning that embarrassed President Obama and the “green” energy industry.
Today, 14 years later, the erroneously described “infant” industry is badly listing with its perennial tax subsidies at risk. Grid solar is plagued by failure, with investors facing net zero and employees looking for alternatives. Customers are disgruntled as well.
Enter SolarInsure, whose business is about “safeguarding your renewable energy investment with energy system monitoring and warranties.” SolarInsure has compiled a list of bankrupt solar firms in the interest of filling claims for nonperformance.…
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