The greatest scam being perpetrated against taxpayers and consumers is renewable energy, according to a new analysis published by the Australian, greater even than Ponzi, Madoff and Enron.
While sinking enormous financial resources into propping up renewable energy prospectors, national governments are providing no perceptible benefits to their citizens, writes Judith Sloan, a renowned Australian economist who has served on the Australian government’s Productivity Commission.
“With very few exceptions, governments all over the world have fallen into the trap of paying renewable energy scammers on the basis that it is necessary, at least politically, to be seen to be doing something about climate change,” Sloan writes, before providing readers with an avalanche of economic data to back up her assertion.
In Australia, more than 2 billion taxpayer dollars a year are funneled to renewable energy handlers by virtue of the operation of the renewable energy target and the associated renewable energy certificates, Sloan observes.
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
1 comment:
Lol only a moronic baby boomer would write an article scorning the use of renewable energy. It is natural to fear what you do not understand. It is the wasteful practices of YOUR generation that have led to these necessary changes. Renewables are the future. We can get on board now and have a place in it or we can keep letting China have the edge in renewable technologies. Fossil fuels, regardless of your stance on their use, are finite. They will run out. Leaving us in the stone age with USELESS coal plants and EVEN MORE Americans without jobs.
Post a Comment