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The Death of the Green Energy Movement
Posted on Tuesday, May 19, 2015 @ 02:26:31 EDT by vlad

Testimonials From The Daily Signal: The Death of the Green Energy Movement by Stephen Moore

The green energy movement in America is dead. May it rest in peace. No, a majority of American energy over the next 20 years is not going to come from windmills and solar panels. One important lesson to be learned from the green energy fad’s rapid and expensive demise is that central planning doesn’t work.

What crushed green energy was the boom in shale oil and gas along with the steep decline in the price of fossil fuel that few saw coming just a few years ago.


A new International Energy Agency report concedes that green energy is in fast retreat and is getting crushed by “the recent drop in fossil fuel prices.” It finds that the huge price advantage for oil and natural gas means “fossil plants still dominate recent (electric power) capacity additions.”

This wasn’t supposed to happen....

Full article: http://dailysignal.com/2015/05/08/the-death-of-the-green-energy-movement/

 
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"The Death of the Green Energy Movement" | Login/Create an Account | 2 comments | Search Discussion
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Re: The Death of the Green Energy Movement (Score: 1)
by RBM on Thursday, May 21, 2015 @ 18:49:19 EDT
(User Info | Send a Message)
If you REALLY don't think this wasn't supposed to happen, then you need to upgrade your reading list, vlad.





Private investors pony up $4B for clean energy (Score: 1)
by vlad on Wednesday, June 17, 2015 @ 18:40:20 EDT
(User Info | Send a Message) http://www.zpenergy.com

A collection of investment firms, foundations, universities and other private institutions have pledged $4 billion to invest in new clean energy technology, the White House announced on Monday.

The funding comes in response to an Obama administration call for more private sector research into low-carbon energy technology. The government will also launch a new Department of Energy program to provide technical assistance for investors...

More: http://thehill.com/policy/energy-environment/245076-private-investors-pony-up-for-clean-energy [thehill.com]




 

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