Monday, July 05, 2010

What's the definition of insanity again?

Obama announces plan to sink $2 billion into solar energy projects


07/03/2010 -- "Facing sluggish job growth, President Barack Obama on Saturday announced about $2 billion in new investments to help build clean energy technology and create thousands of jobs."

Clinton's goal: a million solar system on roofs by 2010


8/16/1997 -- "At the United Nations conference on global warming this summer, President Clinton introduced the ''Million Solar Roofs Initiative'' as part of the nation's halting efforts to slow the increase in ''greenhouse'' gases produced by burning fossil fuels...

...The goal is to put a million solar systems on the roofs of commercial and residential buildings by 2010 -- whether photovoltaic units that convert sunlight into electricity or thermal systems for space heating and hot water."

Conservation Bank for Solar Energy Will Spend $3 Billion


1/20/1981 -- "From fiscal years 1979 through 1981, in fact, Carter got more solar-energy subsidy dollars than he asked for. A residential tax credit was put in place for 40 percent of the first $10,000 spent on photovoltaic solar-energy systems. A business tax credit of 15 percent was granted through the end of 1985. A "Solar and Energy Conservation Bank" was established and authorized to spend $3 billion between fiscal years 1981 and 1984 to provide subsidized residential and commercial loans for solar energy and conservation investments."

Carter wants 20% of America's electricity from sun, wind by 2000


7/15/1979 -- "On a sunny June day in 1979, President Jimmy Carter held the first and only press conference on the White House roof. Atop the West Wing, he unveiled a $28,000 solar cell system that captured the sun's energy to provide hot water for the White House. He also launched a sweeping drive aimed at harnessing the sun, the wind, and other renewable resources to generate 20% of America's electricity by 2000."

Carter announces multi-billion solar energy R&D effort


6/20/1979 -- "President Carter announces program to increase Nation's use of solar energy, including solar development bank and increased funds for solar energy research and development."

* * * * * * * * *

This is why liberalism needs to be classified -- officially -- as a mental disorder. History, facts, logic and reason are of no concern to the liberal. Their repeated attacks on oil (which, based upon the unstanched flow in the Gulf, does not appear to be in short supply) while they burglarize the Treasury to pay for faerie dust and solar panels on every roof.

Only the free market can deliver "green" solutions. No amount of government central planning, "free" money for crony capitalists, solar boondoggles, bureaucrats and lawyers can create new sources of energy.

Only the free market can solve the problem of renewable energy. It will take decades -- and can only occur if government gets the hell out of the way.


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