Do You Have The Courage?

Do You Have The Courage?
Do You Have The Courage?

Friday, January 24, 2014

Green Is Great Until You See Red: The Financial Concerns of Green Energy

How did we arrive in the excessively expensive, dastardly dirty, goofy green energy zone? The history of energy politics continues to morph into a mix of logical and looney ideas.

From candles to coal oil to kerosene to carbon credits, and from natural gas to nuclear plants, everyone has a concern, the economic angle, and seemingly enough idealistic reality evasion to put distance between the die-hard activists and your average person who lingers in the realm of sanity.

From the days when law required someone to run ahead of an automobile to warn animals and people, we now have laws that producers of pollution can buy carbon credits and keep right on dumping pernicious pollution, while displaying an air of responsibility: “Hey, we paid for the right to do this!” Experts report: for all the 'green energy' efforts in Germany; there is “not one gram” less pollution.

Affect on the Taxpayers and Politicians

For years, governments have created thousands of subsidies costing taxpayers approximately 73.9 gazillion dollars – to save money. In southern California, up to $3 Billion is being spent to support 'cheap renewable energy' with no confidence for any net benefit to consumers. To anyone who has helped to shepherd children through adolescence, this behavior will seem quite familiar. When good ole Dad is picking up the tab (or anyone else but the spender), it seems pretty fun to want all sorts of things, whether they actually make sense or not. As our children get older, and are exposed to the reality of the need for a budget, their understanding and maturity greatly increases. Maybe our politicians should do likewise, and give us taxpayers a break. Please.

Significant U.S. Tax subsidies are provided to offset the thousands of dollars of increased costs to buy a 'green' powered automobile, as opposed to the increasingly efficient and less expensive gasoline powered automobiles on the market. Recent reports say sales of electric and hybrid gas-electric vehicles are finally beginning to increase. It's about time: The 'green gurus' finally slashed the prices on these cars that relatively few wanted at the previous price points.


When I Spend $5,000 More for 'Green' Products, I Save $500 over Five Years, That's Smart?

From increased taxes, fees, and prices of all sorts of products, we are supposedly going to save money. Remember when ethanol was mandated for gasoline? Costs went up for animal feed, significantly driving up the costs of food and significantly reducing the fuel efficiency of gasoline powered automobiles.

'Green' energy might eventually develop into additional cost-efficient and practical technologies. For now, 'saving money' the 'green' way is, too often, just too doggone impractical and expensive. Edward DuCoin, consultant to Green Revolution added, "We believe it is best to let the free market develop 'green' strategies that actually work at an efficient price point and leave the solutions for businesses and consumers to the experts."