Climate Change Lies Cost Tax Payers Billions

As we all knew this would be the case when our Representatives in Washington took up the call for more wind and solar power subsidies. You just had to knew it was just another way to waste money and that others would get rich at the public expense.

Again, all this comes back to climate gate Al Gore and the United Nations IPCC reports. You know Gore lied from the very beginning, and anything that comes from the UN has to be a lie. Now with all of these reports that were leaked on how the information was manipulated and out right falsified to get the results they wanted to further their personal agendas, we all are going to pay Gore and others for lying to us? Are we crazy?

And just think how much we have already paid in tax dollars for this research! Billions!! Do you feel like getting screwed some more by paying for more bogus research? Wake up people - these guys are crooks - they are stealing from us and we don't seem to care.


OVERPAYING FOR GREEN POWER
Source: Ronald Bailey, "Overpaying for Green Power," Reason Magazine, May 2010.

Green power advocates in the United States are pushing for a European-style subsidy scheme in which homeowners or businesses that install solar panels or windmills can sell their excess power back to the grid at inflated prices. Utilities in Europe are required by the state to pay above-market rates for this environmentally friendly power, says Reason Magazine.

These so-called feed-in tariffs were first devised in Germany in the early 1990s and have been adopted by nearly 20 other countries as a way to boost renewable energy production. As the result of its feed-in tariff scheme, Germany has the world's second-largest installed wind capacity--behind the United States--and the largest installed solar photovoltaic capacity in the world.

However, a recent report by the independent German economics think tank, RWI, found:

The solar electricity feed-in tariff of 59 cents per kilowatt-hour in 2009 is more than eight times higher than the wholesale electricity price and more than four times the feed-in tariff paid for electricity produced by on-shore wind turbines.

The report noted, "Installed capacity is not the same as production or contribution." In 2008, 6.3 percent of Germany's electricity production was from wind, followed by 3.6 percent from biomass and 3.1 percent from water.

Meanwhile, the report notes, "The amount of electricity produced through solar energy was a negligible 0.6 percent despite being the most subsidized renewable energy, with a net cost of about €8.4 billion (US $12.4 billion) for 2008."

German consumers foot that bill:

In 2008, the price mark-up due to green energy subsidies amounted to 7.5 percent of average household electricity prices. Keep in mind that German residential electricity prices are already high at about 30 cents per kilowatt-hour.
The average American pays about 12 cents per kilowatt-hour.

Several European countries have decided to cut back on feed-in tariffs, says Reason. The irony is that American states and municipalities appear to be adopting this failed renewable energy strategy just as the Europeans who invented it are scaling it back, says Reason.