Subsidize renewable energy? What a great idea! If you like wasting money. SunEdison, which once described itself as the "largest global renewable energy development company" and was America's fastest-growing renewable energy company, filed for bankruptcy April 21. It seems that $1.5 billion combined subsidies and loan guarantees (including $650 million in grants and tax credits---i.e., outright handouts) wasn't enough to make up for the combination of hubris-driven over-expansion, … [Read more...]
Archives for May 2016
Finding Nemo Suffocated?
One hardly knows where to begin in assessing the sanity of the recent claim that "climate change" (aka dangerous manmade global warming renamed to hide the fact that far less warming is happening than predicted) could suffocate---yes, suffocate!---sea creatures by reducing ocean oxygen levels. The scary story comes mainly from popular reports. Take, for example, how blogger Cat DiStasio ("a writer, storyteller, and community architect" who "holds a B.A. in Ethnic, Gender, and Labor … [Read more...]