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Apr 02

Another Government-Subsidized ‘Green’ Energy Company Fails

john carter

For years, trusters of government have promoted ‘green’ energy schemes by which the government subsidizes so-called alternative energy technology.

The goal, supposedly, is to build up solar, wind and other alternative-energy industries, until they can compete with (and ultimately displace) fossil fuels.

It never works. Solar and wind sources cannot stand on their own against coal, oil or natural gas in an open market.

Now Sun-Edison, another solar panel company—heavily government subsidized—has collapsed. See here.