$39 Billion Yearly Solar Energy Subsidies

[longknife]

For only .06% of total electricity in the U.S.!


And this is a good use of YOUR tax dollars?


Or is it yet another scam to enrich political friends of Obama and his sycophants


Read more @ Report Solar Energy Subsidies Cost 39 Billion Per Year Washington Free Beacon

 

[Delta4Embassy]

Wow, $39 billion. That sounds like a lot of money. Is $1.5 trillion more, or less, for the F-35?

 

[TheOldSchool]

Oil industry subsidies are $21 billion and completely useless ethanol subsidies are $60 billion. But nvm those Fox News only told me about Solar power. Which btw is the only of those industries still developing it's basic technology.

 

[Porker]

For only .06% of total electricity in the U.S.!


And this is a good use of YOUR tax dollars?


Or is it yet another scam to enrich political friends of Obama and his sycophants


Read more @ Report Solar Energy Subsidies Cost 39 Billion Per Year Washington Free Beacon

Here's another kick in the ass of taxpayers....Notice "wind" generation.

 

[Delta4Embassy]

Strictly speaking, because our money isn't backed by gold any more 1 billion a 1 gazillion are the same meaningless thing. Can never pay off the 18 trillion national debt even if it were only 1 trillion. Thus we can spend as much as we like without worry since we know full-well we can never pay it back anyway.

 

[elektra]

So much money being spent nobody can keep track of it. How come the amount we spend at the universities is not included? Whole departments spending decades researching Solar, Wind, and Geothermal. 1,000's of Professors and Scientists.

Either way, they have to ramp up the subsidies, $36 trillion dollars, got a big gap to make up in spending.

Recapping the Obama Administration Green Energy Stimulus Failures - IER

The total that went to green energy projects is not clear. Brookings estimated it at $51 billion, with a total government spending (both stimulus and non-stimulus) on green initiatives at $150 billion through 2014[ii].

About $100 billion (two-thirds) of that is expected to fund renewable energy, including subsidies for wind, solar and biofuel projects and research and development for new technologies. Conservation is expected to garner another $15 billion, funding for electric cars and high speed rail about $10 billion each, and smart grid and nuclear power about $6 billion each.

 

[ScienceRocks]

I predict that from here on out solar will need less and less government help. 99% of all installions will be done by private utilities and private interest! Solar will out install natural gas in 2017 becoming the largest installed source of energy.

By 2020 10-12% of our energy needs will be done by solar power. In reality it is already nearly 2% of our energy output today as they don't count the personal on the roof kind in their calculations. 5,500mw of solar was installed just in 2014! Only natural gas 7,500mw beats it. When adding wind power 4,800 = over 10gw!

Republicans will be forced by the 2020 election to realize that they can't be attacking solar and looking good at the same time.

 

[elektra]

I predict that from here on out solar will need less and less government help. 99% of all installions will be done by private utilities and private interest! Solar will out install natural gas in 2017 becoming the largest installed source of energy.

By 2020 10-12% of our energy needs will be done by solar power. In reality it is already nearly 2% of our energy output today as they don't count the personal on the roof kind in their calculations. 5,500mw of solar was installed just in 2014! Only natural gas 7,500mw beats it. When adding wind power 4,800 = over 10gw!

Republicans will be forced by the 2020 election to realize that they can't be attacking solar and looking good at the same time.

In 2014 Ivanpah was, "installed", it failed but you include it in your numbers, further Ivanpah now runs on Natural Gas. Your numbers are about as worthless as your Australian Solar plant.

The subsidies leave out our skyrocketing electric bills, food bills, and the taxes on carbon to pay for everything. More tax time.