Tuesday, September 07, 2010

Not Even Mispriced Capital is Attracted to Clean Energy

Windmills? What next? Wooden shoes?

We will make you ornaments of gold
With studs of silver.

Song of Solomon

* * * * *

Apparently, free capital available for investing in such backward technologies as windmills and solar panels is not forthcoming...




There is no substantial economic gain from these so-called energy "solutions," such as offers robust opportunities for capital to be leveraged from capacity this kind of "infrastructure" provides. Were it not for the misguided subsidy governments at all levels facilitate, these "technologies" would be history. That said, should it come as any surprise that, politics would meet the private hands that feed our current breed of "representative" in the very place where capital is badly allocated?

—Tom Chechatka

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