Are Electric Cars “Clean” | UPDATED Battery and Wind Power Section

This is part five of a conversation at a friends house on Christmas. This conversation included: CO2; Rising Oceans; Year 2014 Being the Hottest; Polar Bear Fraud.

LOMBORG

BOTTOM LINE:

Typical gasoline-powered auto engines are approximately 27% efficient. Typical fossil-fueled generating stations are 50% efficient, transmission to end user is 67% efficient, battery charging is 90% efficient and the auto’s electric motor is 90% efficient, so that the fuel efficiency of an electric car is also 27%. However, the electric car requires 30% more power per mile traveled to move the mass of its batteries. (See more here)

Green Energy Grid

But manufacturing the famous gasoline-electric hybrid can be a dirty business.

Toyota studied the car’s total environmental impact from factory to junkyard.

In fact, when looking at the “materials manufacturing” phase of the car’s life cycle, the Prius was worse than the class average across all five emissions categories. (Auto Spies)

Also, this from Reuters a few years back to put an emphasis on Dr. Lomborg’s $44 dollars of savings subsidized with $7,500 in tax-payers monies:

(Reuters) – General Motors Co. sold a record number of Chevrolet Volt sedans in August — but that probably isn’t a good thing for the automaker’s bottom line.

Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts.

Cheap Volt lease offers meant to drive more customers to Chevy showrooms this summer may have pushed that loss even higher. There are some Americans paying just $5,050 to drive around for two years in a vehicle that cost as much as $89,000 to produce….

SO, to be clear… it requires A LOT MORE energy to produce the electric or hybrid car, and takes more energy to “fuel” them.

From Lomborg’s USA Today editorial:

It is time to stop our green worship of the electric car. It costs us a fortune, cuts little CO2 and surprisingly kills almost twice the number of people compared with regular gasoline cars.

Electric cars’ global-warming benefits are small. It is advertised as a zero-emissions car, but in reality it only shifts emissions to electricity production, with most coming from fossil fuels. As green venture capitalist Vinod Khosla likes to point out, “Electric cars are coal-powered cars.”

The most popular electric car, a Nissan Leaf, over a 90,000-mile lifetime will emit 31 metric tons of CO2, based on emissions from its production, its electricity consumption at average U.S. fuel mix and its ultimate scrapping. A comparable diesel Mercedes CDI A160 over a similar lifetime will emit 3 tons more across its production, diesel consumption and ultimate scrapping.

[….]

Yes, in both cases the electric car is better, but only by a tiny bit. Avoiding 3 tons of CO2 would cost less than $27 on Europe’s emissions trading market. The annual benefit is about the cost of a cup of coffee. Yet U.S. taxpayers spend up to $7,500 in tax breaks for less than $27 of climate benefits. That’s a bad deal.

(See also WUWT, where Lomborg notes that “…large battery pack [cars]… avoids nothing or even *increases* total CO2 emissions”)

This post will deal with two areas, the main one will be to simply compare the lifetime environmental impact of electric cars to regular gas cars and diesel cars and their carbon footprint. I will add some newer information here as well as combining some older posts herein. The second part is simple, where does the energy come to charge these Electric Vehicles (EVs).

SUBSIDY for CARS

California just put another $116 million toward clean vehicle rebates (source)…. Administered by CSE for the California Air Resources Board, the Clean Vehicle Rebate Project (CVRP) offers up to $15,000 in electric vehicle rebates for the purchase or lease of new, eligible zero-emission and plug-in hybrid light-duty vehicles (source).

A side note. California, as a government, does not make money like a normal business. It CAN ONLY tax people to get the money it spends. If it gets money from the Federal government, THEY [the Federal government] can only tax people or print money [weakening the dollar if it does this too much]. So, this $116-million comes from somewhere, and, is really just a redistribution of peoples money to an area the State thinks is important ~ but! is in fact, based on bad science.

TOYOTA SAYS!

So let’s start with some Prius examples. Automotive News documents a study done by Toyota that bursts greenies bubbles:

The Toyota Prius is among the greenest cars to operate. But manufacturing the famous gasoline-electric hybrid can be a dirty business.

Toyota studied the car’s total environmental impact from factory to junkyard.

Not surprisingly, the fuel-efficient Prius was better than average in its class of vehicles in lifetime emissions of carbon dioxide, nitrogen oxide and sulfur oxide, according to Toyota.

But it was slightly worse than average in emissions of nonmethane hydrocarbons and particulate matter. Toyota says this is because producing hybrid-only parts such as motors, inverters and nickel-metal hydride batteries consumes more energy and creates more emissions.

In fact, when looking at the “materials manufacturing” phase of the car’s life cycle, the Prius was worse than the class average across all five emissions categories.

One proponent (now detractor) of EVs is Dr. Ozzie Zehner who has written quite fairly on the issue of alternative energy, and has an open chapter in his book for people to read.

The following is via HotAir:

…An environmental activist who once pushed for EVs and now works as a visiting scholar at UC Berkeley now calls electric vehicles “unclean at any speed” in a recent article for the engineering journal IEEE Spectrum (via Weasel Zippers and UPI):

The idea of electrifying automobiles to get around their environmental shortcomings isn’t new. Twenty years ago, I myself built a hybrid electric car that could be plugged in or run on natural gas. It wasn’t very fast, and I’m pretty sure it wasn’t safe. But I was convinced that cars like mine would help reduce both pollution and fossil-fuel dependence.

I was wrong.

I’ve come to this conclusion after many years of studying environmental issues more deeply and taking note of some important questions we need to ask ourselves as concerned citizens. Mine is an unpopular stance, to be sure. The suggestive power of electric cars is a persuasive force—so persuasive that answering the seemingly simple question “Are electric cars indeed green?” quickly gets complicated.

Ozzie Zehner, who worked on the experimental EV-1 at GM before it got shelved, says some of the complications are due to the economics of science and scientific research.  Most of the funding comes from interested parties, which tends to produce research that supports their positions

read more

The article HotAir references is actually really long, well balanced, and informative. I suggest the serious reader delve in as “Unclean At Any Speed” touches on the many aspects of the alternative energy push right now. One aspect noted in the article is the large rare-earth metals needed (mined) and energy used in the extraction of these and the destruction of large swaths of land mass in order to produce the batteries and magnets involved in EVs.

Prius vs. Hummer

I will combine a graphic from Dr. Zehner article with another noted study comparing the Prius to a Hummer (the better comparison will come later with a diesel and electric cars):

(click to enlarge)

  • A Prius has a life span of 100,000 miles.
  • A Hummer has a life span of 300,000 miles.
  • Over its lifetime, a Prius costs $3.25 per mile driven.
  • In contrast, the Hummer costs $1.95 per mile driven, and
  • The Toyota Scion xB costs $0.48 per mile driven.
  • The original fuel economy estimates for Hybrids were inflated 30% by the EPA.
  • One of the Prius’s battery factories causes so much environmental damage that NASA uses the lifeless land nearby to simulate moon landings.

Some have called the Hummer/Prius comparison into question, some of which is even hashed out in the comment section of the post where the bullet points are from, fine. (A diesel Hummer H2 would surely beat the total lifespan footprint of the comparison.) But the impact on the environment (note the moon-landing stat) and overall comparisons to diesel’s is what interests me. The author of the above article updated his post with this [for the curious]:

UPDATE: Apparently the Prius was only ranked #12 in overall green-ness, behind several diesels, city roadsters, and smart cars. Experts expect the ranking to be even worse next year.

This brings me to another idea noted in the aforementioned article, even given a growth pattern in alternative fuels diesel in 2030 is still projected to be the best in low impact on the environment:

Environmental Impact

Graph for 2030

This is an area that might be surprising. At face value, with high gas mileage and low emissions, hybrids seem like the easy answer. But as we have previously covered at Digital Trends, vehicles with batteries may not be nearly as “green” as is often claimed.

This is a complicated issue. Essentially, batteries – particularly lithium-ion batteries – are both incredibly energy intensive and also toxic to produce. This means that the carbon footprint for hybrid production is much larger than a gasoline-only or even diesel-powered car.

In fact, according to some studies, fully electric vehicles have a bigger carbon footprint than diesel powered vehicles in areas where most electricity is produced using fossil fuels.

Modern diesel-cars should not be compared with truck engines that blast clouds of panda-killing soot into the air. Thanks to improvements in technology, current diesel cars are comparable in terms of particulate emissions to any other gasoline-powered car. In fact Volkswagen and Audi’s clean diesel technology makes cars like the Passat TDI cleaner than 93 percent of other cars on the road.

As with price, there will be specific exceptions to this rule, but diesel is greener than hybrid technology.

(Digital Trends)

Solar/Wind Energy Environmental Impact

So diesel hybrids are the ideal for those concerned about the environment. But the rare-earth metals and substances used to make the batteries and magnets are in much less supply than coal, oil, and the like. In fact, in the 70’s it was predicted that we would be running dry of oil this year, but in fact we have at least 200-years worth of supply, the highest ever in the history of man (see point #3). To be clear, the impact on land and energy to get these materials is worse than normal automotive choices:

This section is a response of sorts to Dr. Lomborg, who is interviewed in the opening video. And it is very simple, alternative energy sources create more pollution than they will save (carbon footprint wise).


WIND

Wind farms will create more carbon dioxide, say scientists

Thousands of Britain’s wind turbines will create more greenhouse gases than they save, according to potentially devastating scientific research to be published later this year.

The finding, which threatens the entire rationale of the onshore wind farm industry, will be made by Scottish government-funded researchers who devised the standard method used by developers to calculate “carbon payback time” for wind farms on peat soils.

Wind farms are typically built on upland sites, where peat soil is common. In Scotland alone, two thirds of all planned onshore wind development is on peatland. England and Wales also have large numbers of current or proposed peatland wind farms.

But peat is also a massive store of carbon, described as Europe’s equivalent of the tropical rainforest. Peat bogs contain and absorb carbon in the same way as trees and plants — but in much higher quantities.

British peatland stores at least 3.2 billion tons of carbon, making it by far the country’s most important carbon sink and among the most important in the world.

Wind farms, and the miles of new roads and tracks needed to service them, damage or destroy the peat and cause significant loss of carbon to the atmosphere, where it contributes to climate change.

[….]

“This is just another way in which wind power is a scam. It couldn’t exist without subsidy. It is driving industry out of Britain and driving people into fuel poverty.”

Wind power cannot meet demands, and are dependent on weather conditions, as the above graph shows. Here is a snippit of the issue at hand with Germany’s electric grid:

You can see the extreme volatility of wind power. Such volatility plays havoc with the electric grid and makes fossil fuel backup generation more expensive to run because it must constantly change production rate; it cannot be run efficiently. Those constant changes cause production of more emissions than would be produced without having to contend with the quirky wind power contribution.

Gosselin (a US citizen living in Germany, who received a Bachelor of Science in Mechanical Engineering at the University of Arizona) notes that “Resistance to wind power in Germany is snowballing.” “The turbines, which the German government says will become the ‘workhorse’ of the German power industry, ran at over 50% of their rated capacity only for 461 hours [out of a possible 8,766], or just 5.2% of the time.”

In addition to the unreliable power produced by allegedly “green” wind power, it is becoming increasingly obvious that wind generation is taking a large toll on wildlife and has deleterious effects on human health.

[….]

“The U.S. Fish and Wildlife Service (FWS) and American Bird Conservancy say wind turbines kill 440,000 bald and golden eagles, hawks, falcons, owls, cranes, egrets, geese and other birds every year in the United States, along with countless insect-eating bats. Wind turbines killed 600000 bats last year.

(German Wind Power Fails – A Cautionary Tale)

Put another way:

“A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge” ~ George Gilder

Interview by Dennis Prager {Editors note: this is how the USSR ended up with warehouses FULL of “widgets” (things made that it could not use or people did not want) no one needed in the real world. This economic law enforcers George Gilder’s contention that when government supports a venture from failing, no information is gained in knowing if the program actually works. Only the free-market can do this. [See my post on Capitalism.]}

Wind power, in fact, pollutes the environment in a much more thorough manner… Via Independent IE “Technology” page:

….But on huge wind farms the motion of the turbines mixes the air higher in the atmosphere that is warmer, pushing up the overall temperature.

Satellite data over a large area in Texas, that is now covered by four of the world’s largest wind farms, found that over a decade the local temperature went up by almost 1C as more turbines are built.

This could have long term effects on wildlife living in the immediate areas of larger wind farms.

It could also affect regional weather patterns as warmer areas affect the formation of cloud and even wind speeds.

It is reported China is now erecting 36 wind turbines every day and Texas is the largest producer of wind power in the US.

Liming Zhou, Research Associate Professor at the Department of Atmospheric and Environmental Sciences at the University of New York, who led the study, said further research is needed into the affect of the new technology on the wider environment.

“Wind energy is among the world’s fastest growing sources of energy. The US wind industry has experienced a remarkably rapid expansion of capacity in recent years,” he said. “While converting wind’s kinetic energy into electricity, wind turbines modify surface-atmosphere exchanges and transfer of energy, momentum, mass and moisture within the atmosphere. These changes, if spatially large enough, might have noticeable impacts on local to regional weather and climate.”

The study, published in Nature, found a “significant warming trend” of up to 0.72C (1.37F) per decade, particularly at night-time, over wind farms relative to near-by non-wind-farm regions.

The team studied satellite data showing land surface temperature in west-central Texas….

Via M.I.T. Media Relations:

….According to Prinn and Wang, this temperature increase occurs because the wind turbines affect two processes that play critical roles in determining surface temperature and atmospheric circulation: vertical turbulent motion and horizontal heat transport. Both processes are responsible for moving heat away from Earth’s surface.

In the analysis, the wind turbines on land reduced wind speed, particularly on the downwind side of the wind farms, which reduced the strength of the turbulent motion and horizontal heat transport processes. This resulted in less heat being transported to the upper parts of the atmosphere, as well as to other regions farther away from the wind farms….

Via Gateway Pundit, and the part on birds is found here:

Not only do wind farms kill off high-profile bird species like golden and bald eagles and California condors, the farms also cause global warming. After hundreds of millions in blown taxpayer money and thousands of dead birds the latest research shows that wind farms cause warming. Reuters reported, via Free Republic:

Large wind farms might have a warming effect on the local climate, research in the United States showed on Sunday, casting a shadow over the long-term sustainability of wind power

The world’s wind farms last year had the capacity to produce 238 gigawatt of electricity at any one time. That was a 21 percent rise on 2010 and capacity is expected to reach nearly 500 gigawatt by the end of 2016 as more, and bigger, farms spring up, according to the Global Wind Energy Council.

Researchers at the State University of New York at Albany analysed the satellite data of areas around large wind farms in Texas, where four of the world’s largest farms are located, over the period 2003 to 2011.

The results, published in the journal Nature Climate Change, showed a warming trend of up to 0.72 degrees Celsius per decade in areas over the farms, compared with nearby regions without the farms.

“We attribute this warming primarily to wind farms,” the study said. The temperature change could be due to the effects of the energy expelled by farms and the movement and turbulence generated by turbine rotors, it said.

“These changes, if spatially large enough, may have noticeable impacts on local to regional weather and climate,” the authors said.

But the Democrats will continue to dump billions into the costly energy source anyway. It makes them feel good.

Can you imagine the polluted, destroyed world we would have if the left had their way with green energy?

Environazis, like all progressives, care about two things: other people’s money and the power entailed in imposing their ideology. Prominent among the many things they do not care about is the environment, as demonstrated by a monstrosity planned for Loch Ness:

A giant 67 turbine wind farm planned for the mountains overlooking Loch Ness will be an environmental disaster thanks to the sheer quantity of stone which will need to be quarried to construct it, according to the John Muir Trust. In addition, the Trust has warned that the turbines spell ecological disaster for the wet blanket peat-land which covers the area and acts as a huge carbon sink, the Sunday Times has reported.

According to global warming dogma, carbon sinks are crucial in preventing human activity from causing climatic doom.

The planet isn’t the only victim of this ideologically driven enterprise:

Around one million people visit the picturesque Loch Ness, nestled in the highlands of Scotland each year, bringing about £25 million in revenue with them. Most are on the lookout for the infamous monster, but if Scottish and Southern Energy (SSE) get their way the tourists will have something else to look at: the Stronelairg wind farm – 67 turbines, each 443ft high, peppered across the Monadhlaith mountains overlooking the Loch.

….read it all….

  • Is “green” energy, particularly wind and solar energy, the solution to our climate and energy problems? Or should we be relying on things like natural gas, nuclear energy, and even coal for our energy needs and environmental obligations? Alex Epstein of the Center for Industrial Progress explains.

NEW INFORMATION on the low frequency noise made by wind farms shows a direct connection to the health of ones heart.

Interviewed in Allgemeine-ZeitungVahl said that the Low Frequency Noise generated by wind turbines can weaken the heart muscle and change the blood flow.

According to NO TRICKS ZONE:

Prof. Wahl became interested in infrasound and its impact on health after a friend who lived near a wind park had complained of feeling continuously sick. It is known that all around the world people living near wind parks often experience health issues – some being severe.

The group led by Prof. Vahl conducted an experiment to find out if infrasound has an effect on heart muscle strength. Under the measurement conditions, the force developed by isolated heart muscle was up to 20 percent less.

The strength of the heart muscle is important in the event the aortic valve becomes caked up and thus more narrow. According to Dr. Vahl: “This changes the blood flow and the flow noise.”

Now researchers are discussing whether these changes can pose an additional risk to the function of the heart, the Allgemeine Zeitung reported.

Citing the results, Prof. Vahl said: “The fundamental question of whether infrasound can affect the heart muscle has been answered.”

The researchers conclude: “We are at the very beginning, but we can imagine that long-term impact of infrasound causes health problems. The silent noise of infrasound acts like a heart jammer.”

There has long been anecdotal evidence that wind turbines are injurious to human health. I first heard these stories myself on a visit to Australia in 2012 when I met several people who had experienced serious health problems from the effects of wind turbine infrasound – and had been forced to abandon their homes. Subsequently, I also spoke to people in the UK who were also victims of Wind Turbine Syndrome.

The wind industry is a massive class action suit waiting to happen. [Especially now that the World Health Organisation has confirmed the health risks – which, of course, just like Big Tobacco, Big Wind has been covering up for years] Indeed, of all the scandals to emerge from the great global warming scam, the wind industry is in my view the worst….

GOOGLE

This realization has hit Google scientists squarely in the common sense thinking center. Google (and Apple) had grand dreams of going 100%-powered by alternative means. They have all but given up:

“Even if one were to electrify all of transport, industry, heating and so on, so much renewable generation and balancing/storage equipment would be needed to power it that astronomical new requirements for steel, concrete, copper, glass, carbon fibre, neodymium, shipping and haulage etc etc would appear. All these things are made using mammoth amounts of energy: far from achieving massive energy savings, which most plans for a renewables future rely on implicitly, we would wind up needing far more energy, which would mean even more vast renewables farms – and even more materials and energy to make and maintain them and so on. The scale of the building would be like nothing ever attempted by the human race.”

I must say I’m personally surprised at the conclusion of this study. I genuinely thought that we were maybe a few solar innovations and battery technology breakthroughs away from truly viable solar power. But if this study is to be believed, solar and other renewables will never in the foreseeable future deliver meaningful amounts of energy.

(read more)

Solar

Low-Tech Magazine notes that new “research shows, albeit unintentional, that generating electricity with solar panels can also be a very bad idea. In some cases, producing electricity by solar panels releases more greenhouse gases than producing electricity by gas or even coal.” Continuing, they point out that…

Producing electricity from solar cells reduces air pollutants and greenhouse gases by about 90 percent in comparison to using conventional fossil fuel technologies, claims a study called “Emissions from Photovoltaic Life Cycles”, to be published this month in “Environmental Science & Technology”. Good news, it seems, until one reads the report itself. The researchers come up with a solid set of figures. However, they interpret them in a rather optimistic way. Some recalculations (skip this article if you get annoyed by numbers) produce striking conclusions.

Solar panels don’t come falling out of the sky – they have to be manufactured. Similar to computer chips, this is a dirty and energy-intensive process. First, raw materials have to be mined: quartz sand for silicon cells, metal ore for thin film cells. Next, these materials have to be treated, following different steps (in the case of silicon cells these are purification, crystallization and wafering). Finally, these upgraded materials have to be manufactured into solar cells, and assembled into modules. All these processes produce air pollution and heavy metal emissions, and they consume energy – which brings about more air pollution, heavy metal emissions and also greenhouse gases.

Similarly, Solar Industry Magazine notes that this process is very caustic:

Solar Ind Mag 1 690 photo Solar Panels Waste 1 690.jpg
Solar Ind Mag 2 690 photo Solar Panels Waste 2 690.jpg
Solar Ind Mag 3 photo 3Solar Panels Waste 2.jpg

There are also practical dangers to the first res ponders as well:

So an electrical grid powered by alternative fuels or “renewable energy is really a pipe-dream. Take the projections of that giant bird killing plant on the California-Nevada border:

….A solar power plant in the Mojave Desert that’s attracted negative attention for its injuries to birds is producing a whole lot less power than it’s supposed to, according to Energy Department figures.ivanpah-solar-10-30-14-thumb-600x400-83195

According to stats from the U.S. Energy Information Administration, a number-crunching branch of the U.S. Department of Energy, the Ivanpah Solar Electric Generating System in San Bernardino County has produced only about a quarter of the power it’s supposed to, with both less than optimal weather and apparent mechanical issues contributing to the shortfall.

[….]

As Danko points out, Ivanpah’s owners have recently sought extensions on the repayment schedule for the $1.6 billion in government-backed loans that paid for Ivanpah’s construction, hoping to delay writing checks until the firms can secure a government grant they hope to use to pay down the loan .

(See More)

BATTERIES

Lithium Fracking

In an excellent post linking to a German documentary (30-minutes) and study showing the devastation to Chili of lithium mining, we find the following:

German ZDF public television recently broadcast a report showing how electric cars are a far cry from being what they are all cracked up to be by green activists.

The report titled: “Batteries in twilight – The dark side of e-mobility” shows how the mining of raw materials needed for producing the massive automobile batteries is highly destructive to the environment. For example, two thirds of the cobalt currently comes from the Congo, where the mining rights have been acquired by China. Other materials needed include manganese, lithium and graphite.

Every electric car battery needs about 20 – 30 kg of lithium.

The mining of the raw materials often takes place in third world countries where workers are forced to work under horrendous conditions and no regard is given to protecting the environment. When it comes to “going green”, it seems everything flies out the window….

(Read It All)

Alternative fuels/energy is a DIRTY BUSINESS… but the left who live in the seclusion of the New York Times and MSNBC would never know this. I can show a graph showing skyrocketing carbon emissions worldwide for the past decade and that the temperature has dropped during this time by a small amount, and it is like showing them instructions to build an IKEA bookcase with instructions written in Gaelic! lithium-nevada-chemetall_foote_lithium_operation

What about the impact and supply of the materials needed to produce batteries? TreeHugger has a good post that mentions some of these environmental pitfalls. These issues involve many devices we use daily (cell phones, lap-top computers, rechargeable batteries, etc.), but add to this burden a mandated or subsidized car industry:

lithium batteries take a tremendous amount of copper and aluminum to work properly. These metals are needed for the production of the anode & the cathode, cables and battery management systems. Copper and aluminum have to be mined, processes and manufacturing which takes lots of energy, chemicals and water which add to their environmental burden.

[….]

First of all, this study emphasizes that there would be less Lithium available than previously estimated for the global electric car market. It also states the fact that some of the largest concentrations of Lithium in the world are found in some of the most beautiful and ecologically fragile places, such as The Salar de Uyuni in Bolivia. The authors note:

“It would be irresponsible to despoil these regions for a material which can only ever be produced in sufficient quantities to serve a niche market of luxury vehicles for the top end of the market. We live in an age of Environmental Responsibility where the folly of the last two hundred years of despoilment of the Earth’s resources are clear to see. We cannot have “Green Cars” that have been produced at the expense of some of the world’s last unspoiled and irreplaceable wilderness. We have a responsibility to rectify our errors and not fall into the same traps as in the past.”

[….]

The report estimates that there would be less Lithium available than previously estimated for the global electric car market, as demand is rising for competing markets, such as cellular telephones and other electronic devices. At the same time, due to a great concentration of Lithium found in Chile, Bolivia and Argentina (70% of the world’s deposits), the United States and other developed countries needing the material will be subject to geopolitical forces similar to those they have already encountered from the member countries of OPEC

From the video description:

This is pretty lame. I wonder how many people think this power just comes out of the ground? Perhaps these greentards think this is magic solar power that is leached from the sun and stored in invisible floating Tesla flywheels. Bet that went right over most heads. Anyway this is a real problem for shoppers at WalGREENS. Weather they are asked or not they are subsidizing this climate hoax and paying for the fuel that is getting these FARCE-CARS from point “a” to point “b.”

And there are a lot of tax-monies/incentives used even for the above charging stations. Wiki has some pretty good references in regards to this:

Plug-in conversion kits

The 2009 ARRA provided a tax credit for plug-in electric drive conversion kits. The credit is equal to 10% of the cost of converting a vehicle to a qualified plug-in electric vehicle and in service after February 17, 2009. The maximum amount of the credit is $4,000. The credit does not apply to conversions made after December 31, 2011.[142][149]

Charging equipment

There was (through 2010) a federal tax credit equal to 50% of the cost to buy and install a home-based charging station with a maximum credit of US$2,000 for each station. Businesses qualified for tax credits up to $50,000 for larger installations.[144][150] These credits expired on December 31, 2010, but were extended through 2013 with a reduced tax credit equal to 30% with a maximum credit of up to US$1,000 for each station for individuals and up to US$30,000 for commercial buyers.[151][152]

(See more HERE)

IN~OTHER~WORDS, this “venture is a giant boondoggle and these charging-stations would never survive outside of transferring wealth from business owners and those that drive the economy to cover this failure of a “choice.”

AGAIN:

“A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge” — George Gilder

Interview by Dennis Prager {Editors note: this is how the USSR ended up with warehouses FULL of “widgets” (things made that it could not use or people did not want) no one needed in the real world. This economic law enforcers George Gilder’s contention that when government supports a venture from failing, no information is gained in knowing if the program actually works. Only the free-market can do this. [See my post on Capitalism.]}

“Game of Loans” ~ College Tuition Costs (ECON 101)

There is a law in economics, it deals with artificially propping up businesses, “goods” politicians deem necessary, production, etc. George Gilder notes this in a clip I isolated in an interview:

  • “A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge”

R-PT’s note: this is how the USSR ended up with warehouses FULL of “widgets” (things made that it could not use or people did not want) no one needed in the real world. This economic law enforcers George Gilder’s contention that when government supports a venture from failing, no information is gained in knowing if the program actually works. Only the free-market can do this.

This applies to the real world in many ways, one being the co$t of college. Here is a very short video explaining this well:

OF course, one of my favorite videos of ALL TIME shows how students “benefit” from a subsidizing of college majors when in reality if they had to pay for college themselves it would be (a) cheaper, and (b) they would go into careers other than their majors… like sign flippers and bartenders (or other fields that are hurting):

The great conundrum of the U.S. economy today is that we have record numbers of working age people out of the labor ‎force at the same time we have businesses desperately trying to find workers. As an example, the American Transportation Research Institute estimates there are 30,000 – 35,000 trucker jobs that could be filled tomorrow if workers would take these jobs–a shortage that could rise to 240,000 by 2022.

While the jobs market overall remains weak, demand is high for in certain sectors. For skilled and reliable mechanics, welders, engineers, electricians, plumbers, computer technicians, and nurses, jobs are plentiful; one can often find a job in 48 hours. As Bob Funk, the president of Express Services, which matches almost one-half million temporary workers with emplo‎yers each year, “If you have a useful skill, we can find you a job. But too many are graduating from high school and college without any skills at all.”

The lesson, to play off of the famous Waylon Jennings song: Momma don’t let your babies grow up to be philosophy majors.

[….]

Kids commonly graduate from four year colleges with $100,000 of debt and little vocational training. A liberal arts education is valuable, but it should come paired with some practical skills.

Third, negative attitudes toward “blue collar” work. I’ve talked to parents who say they are disappointed if their kids want to become a craftsman–instead of going to college.This attitude discourages kids from learning how to make things, which contributes to sector-specific worker shortages….

(HERITAGE)

(For full disclosure, my degree — theology — is one of the lowest paying degrees out there, and the lowest in employment opportunities.) In a short debate of the issue, Peter Schiff notes this “propping up” of useless degrees:

In the above discussion, Diana Carew seems to want jobs created by the government to fit the degrees earned. Otherwise, how would you force the private sector to create such opportunities unless you artificially demand [create] such opportunities? ~ There was zero unemployment in Soviet Russia, but all this “opportunity” collapsed due to economic laws… “this is how the USSR ended up with warehouses FULL of “widgets” (things made that it could not use or people did not want) no one needed in the real world. This economic law enforcers George Gilder’s contention that when government supports a venture from failing, no information is gained in knowing if the program actually works. Only the free-market can do this.” (Peter Schiff gets into the weeds a bit in this video.)

Here is another great PRAGER U video discussing the issue:

This is one of the areas Gary Johnson was correct — supply and demand:

FORBES notes well that most on the Left-end of the spectrum “don’t hate entrepreneurship and innovation,” but that their Econ 101 “part of the brain that deals with economics tends to shut down when discussing sectors like higher education (or healthcare).”

A WASHINGTON FREE BEACON post relates findings from a Federal Reserve Bank (NY) study showing that the federal student loans have increased the cost of college tuition while at the same time college enrollment did not increase:

The expansion of federal student loans has caused tuition prices to increase without increasing college enrollment numbers, according to a report from the Federal Reserve Bank of New York.

The report evaluated student financial data as well as federal student aid programs “to identify the impact of increased student loan funding on tuition.”

According to the report, yearly student loan originations grew from $53 billion to $120 billion between 2001 and 2012, an increase of about 126 percent. During this time frame, average sticker-price tuition nearly doubled, rising from $6,950 to $10,200 in constant 2012 dollars.

The report found that for each dollar of federal aid applied, tuition increased as well.

“We find that each additional Pell Grant dollar to an institution leads to a roughly 55 cent increase in sticker price tuition,” the report says. “For subsidized loans, we find a somewhat larger passthrough effect of about 70 percent.”

[….]

The report makes reference to a hypothesis put forth by William Bennett, the Reagan-era secretary of education. The so-called “Bennett Hypothesis” holds that “increases in financial aid in recent years have enabled colleges and universities blithely to raise their tuitions, confident that federal loan subsidies would help cushion the increase.”

Many have compared the market for postsecondary education to the housing market…. [see video at the top]

Which brings me to finish this post with a humorous look at the hipster douche-bags scratching his or her head in regard to high tuition costs via REASON-TV:


POST-SCRIPT


In an article entitled, Why Is College Tuition Rising So Much? And What Can You Do?, that updates some of the numbers we are dealing with, I found this part sad (and I include myself in this paradox), because often times the young person takes as much money as they can get for the semester rather than get the bare minimum and subsidize the rest with income from work. (Editor’s note: this in part delays adulthood and why matters important to our body politic being expressed in an elementary way at the college level.) Here is the section:

As of 2015, there was over $180 billion in available financial aid for undergraduates. Of that, 67% was in federal grants and loans.

While federal aid has been valuable to those who otherwise would not be able to afford higher education, it has created something of a paradox.

Students accept whatever aid they can get, potentially failing to weigh the long-term financial risk once they earn that degree. The thinking goes that the debt will get paid back in time once they get a well-paying job.

The higher institutions, for their part, understand that with someone else footing the bill, they have very little accountability to the student to keep their costs in line. The institution will get paid no matter their tuition and fees.

Once that student does graduate, the burden becomes theirs.

It’s a heavy one too.

Currently, student loan debt in the U.S. is close to exceeding $1.5 trillion dollars.

Compare that to the over $750 billion owed in credit cards.

Wow.

Mary Bromley, the articles author, while making some good points didn’t include the idea that getting liberal arts degrees is not prepping the student for the shift towards technological needs for the future, nor did she deal with getting degrees that are actually useful in the real world environment. Mind you, that wasn’t the main idea or push of the article and may be a good “part deux,” but one of the main reasons tuition has risen IS BECAUSE the Federal Government is involved… practical ways to keep costs down that are in the article aside.

Likewise, automation (“robots”) will increasingly replace people in a “growing number of jobs, the skills employers are now looking for are technical skills.” But that doesn’t mean people will lose work over the issue, it means that society as a whole will need to change their focus to more technologically minded degrees. Frank Roberts in an earlier article continues:

What specific skills those might be will depend on the specific job you are looking at.

But, basically those skills would include

  • Computer skills
  • Problem Solving Skills
  • Communication Skills
  • Finance Skills
  • Business Skills
  • Science Skills

[In the article much is made of jobs being filled by persons holding bachelor degrees, but, that may merely be a reflection of the over supply of degrees. It should be noted that at the same time a higher percentage of those turned down for work were also bachelor degree holders.]

So a change to practical degrees dealing with the change in society is a requirement. NOT TO MENTION the trades that support families well should be encouraged as well. (Like a master tool maker, a carpenter, or a plumber, etc., these are high paying jobs that society will always need — and jobs like these are more apprenticeship driven rather that degree driven.)

FORBES notes one study that challenges the status quo:

  • Beyond.com, found that a striking 64% of hiring managers said they would consider a candidate who hadn’t gone to a day of college. At the same time, fewer than 2% of hiring managers said they were actively recruiting liberal arts grads….

A person starting out in life should consider all of the above. Their choices made now will have lasting effects — speaking from experience.

Government Investing A Recipe for Failure

  • “A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge” ~ George Gilder

Interview by Dennis Prager {Editors note: this is how the USSR ended up with warehouses FULL of “widgets” (things made that it could not use or people did not want) no one needed in the real world. This economic law enforcers George Gilder’s contention that when government supports a venture from failing, no information is gained in knowing if the program actually works. Only the free-market can do this.}

From transportation to energy, and everything in between, should the government invest money in as many promising projects as possible? Or would that actually doom many of those ventures to failure? Burt Folsom, historian and professor at Hillsdale College, answers those questions by drawing on the fascinating history of the race to build America’s railroads and airplanes.

Why Capitalism Works ~ PragerU (w/Sowell, Freidman & Brooks)

This post is connected with another that is similar in it’s point.

Here, Thomas Sowell writes about the pernicious lie that comes from the Left by speaking about a great book by Arthur C. Brooks from AEI. What prompted me to post this is the indoctrination of our youth in this Facebook post that is horribly wrong in many respects:

Dollar Money Sign

“But seriously, to claim that we live in a post racial era is the epitome of absurdity. Although i’m all about forging unity we can’t do so while ignoring the reality of racial injustice, white supremacy, and national oppression in this country. Malcolm X perhaps said it best when he said you can’t have capitalism without racism. The capitalist system thrives off of racism and the division it creates amongst the masses of people. To fight tooth and nail against this order exploitation requires a relentless struggle against racism,white privilege, and all forms of bigotry.”

BONO on the free markets:

Here is Thomas Sowell’s review of Arthur Brooks book… there is the pencil example by Nobel winning economist Milton Freidman as well as an Artur C. Brooks presentation at the end. Econ class 150 is in session:

More frightening than any particular beliefs or policies is an utter lack of any sense of a need to test those beliefs and policies against hard evidence. Mistakes can be corrected by those who pay attention to facts but dogmatism will not be corrected by those who are wedded to a vision.

One of the most pervasive political visions of our time is the vision of liberals as compassionate and conservatives as less caring.

[….]

A new book, titled Who Really Cares by Arthur C. Brooks examines the actual behavior of liberals and conservatives when it comes to donating their own time, money, or blood for the benefit of others. It is remarkable that beliefs on this subject should have become conventional, if not set in concrete, for decades before anyone bothered to check these beliefs against facts.

What are those facts?

People who identify themselves as conservatives donate money to charity more often than people who identify themselves as liberals. They donate more money and a higher percentage of their incomes.

It is not that conservatives have more money. Liberal families average 6 percent higher incomes than conservative families.

You may recall a flap during the 2000 election campaign when the fact came out that Al Gore donated a smaller percentage of his income to charity than the national average. That was perfectly consistent with his liberalism.

So is the fact that most of the states that voted for John Kerry during the 2004 election donated a lower percentage of their incomes to charity than the states that voted for George W. Bush.

Conservatives not only donate more money to charity than liberals do, conservatives volunteer more time as well. More conservatives than liberals also donate blood.

According to Professor Brooks: “If liberals and moderates gave blood at the same rate as conservatives, the blood supply of the United States would jump about 45 percent.”

Professor Brooks admits that the facts he uncovered were the opposite of what he expected to find — so much so that he went back and checked these facts again, to make sure there was no mistake.

What is the reason why some people are liberals and others are conservatives, if it is not that liberals are more compassionate?

Fundamental differences in ideology go back to fundamental assumptions about human nature. Based on one set of assumptions, it makes perfect sense to be a liberal. Based on a different set of assumptions, it makes perfect sense to be a conservative.

The two visions are not completely symmetrical, however. For at least two centuries, the vision of the left has included a belief that those with that vision are morally superior, more caring and more compassionate.

[….]

The two visions are different in another way. The vision of the left exalts the young especially as idealists while the more conservative vision warns against the narrowness and shallowness of the inexperienced. This study found young liberals to make the least charitable contributions of all, whether in money, time or blood. Idealism in words is not idealism in deeds.

Here is Brooks short presentation


Some Later Additions:


“The Kronies” ~ Obama-Aged Action Figures

This comes via a hat-tip to MoonBattery, and the site for the figures is here: thekronies.com/

And at The Blaze you can find an interview with their creator. Here is the first video of the interview, but… before you watch it, one should familiarize themselves with what George Gilder said about a “static government,” and what Milton Friedman says about government monopolies:

“A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge”

~ George Gilder, Interview by Dennis Prager

{Editors note: this is how the USSR ended up with warehouses FULL of “widgets” (things made that it could not use or people did not want) no one needed in the real world. This “insurers won’t be losing a lot of sleep over it” (see below) enforcers George Gilders contention that when government supports a venture from failing, no information is gained in knowing if the program actually works.}

Another Bailout Around the Corner ~ `The Hammer` Was Right!

Economic Laws

✿ “A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge”

{Editors note: this is how the USSR ended up with warehouses FULL of “widgets” (things made that it could not use or people did not want) no one needed in the real world. This “insurers won’t be losing a lot of sleep over it” (see below) enforcers George Gilders contention that when government supports a venture from failing, no information is gained in knowing if the program actually works.}

Via Gateway Pundit:

This come via the Weekly Standard, but note that Charles “the Hammer” Krauthammer predicted this at the end of last year:

Bailing Out Health Insurers and Helping Obamacare

Robert Laszewski—a prominent consultant to health insurance companies—recently wrote in a remarkably candid blog post that, while Obamacare is almost certain to cause insurance costs to skyrocket even higher than it already has, “insurers won’t be losing a lot of sleep over it.” How can this be? Because insurance companies won’t bear the cost of their own losses—at least not more than about a quarter of them. The other three-quarters will be borne by American taxpayers.
Obamacare

For some reason, President Obama hasn’t talked about this particular feature of his signature legislation. Indeed, it’s bad enough that Obamacare is projected by the Congressional Budget Office to funnel $1,071,000,000,000.00 (that’s $1.071 trillion) over the next decade (2014 to 2023) from American taxpayers, through Washington, to health insurance companies. It’s even worse that Obamacare is trying to coerce Americans into buying those same insurers’ product (although there are escape routes). It’s almost unbelievable that it will also subsidize those same insurers’ losses.

Here, US-RUSSIA talks about some of the key differences between the Russia of today and the USSR of yesteryear:

…But what Russia does not suffer from is what the Soviet Union suffered from: massive economic distortion through state subsidies and outright fiat. The Soviet Union’s policy to contain inflation was not to raise interest rates or limit bank lending but to make inflation illegal. Inflation was banned and prices on a host of important goods were frozen (consumers, of course, paid the increased cost through ever-more-pervasive shortages). The Soviet treatment of unemployment was similar. The Soviet Union sought to lower unemployment not through tax credits or through loose monetary policy but by making unemployment a crime and forcing enterprises to boost their payrolls. Stories abound of Soviet grocery stores that had  four different ticketing systems and ten different cashiers. This sort of inefficiency wasn’t some mysterious manifestation of eastern barbarism, it was an entirely predictable result of Soviet economic policy…

The question is, what is the healthiest direction/pulse of the nation to go? Making market “realities” a fiction, and artificially insulated from what the public wants… thus increasing the government’s involvement (increasing it’s growth and stripping away freedoms in order to artificially prop-up parts of the market) in our personal lives and restricting of choices? Or a free’er market which increases our freedoms and allows products and reforms to be MOST affected and guided by the people?


One last point, the most important. Unlike big business when it makes mistakes, big government cannot go out of business. Unlike corrupt government, corrupt business cannot print money and thereby devalue a nation’s currency. Businesses cannot coerce you by force (tax liens, garnishing of wages, or armed IRS officials, etc) into an action. So the “greed” of the corporation pales in comparison to the greed of government.[6] Which is why our Founders stated that, “The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government” (Patrick Henry); “Government is not reason; it is not eloquence. It is force. And force, like fire, is a dangerous servant and a fearful master” (George Washington). (Read More)

Socrates in the City ~ Darwin’s Doubt: Interview with Stephen Meyer

Video Description: Darwin, the scientific method, Danny DeVito, and Cher all manage to find a place in this mind-boggling and entertaining conversation between Eric Metaxas and Stephen Meyer, at the Union League Club in New York City on September 12, 2013. Buy Meyer’s book here.

Alternative Energy Boondoggle, [California] Tax-Payers Being Ripped Off!

Medieval Scam Alert

According to the EIA, new on-shore wind power is about 37 percent more expensive than new advanced-coal technologies. And solar power makes wind power look like a bargain — new solar photovoltaic power is close to 300 percent more expensive than new advanced-coal technologies. Americans already massively subsidize these costly forms of energy. Wind receives federal subsidies equal to $23.37 per megawatt hour, and solar receives $24.34 per megawatt hour. (Coal receives 44 cents per megawatt hour.) ~ National Review

I have people close to me that will never vote for a bond measure because they do not want their property taxes to increase, but they will increase everyone’s taxes to fund failing business plans and technology. The disconnect is astounding. Here is a positive look at this ponzi scheme that has transferred millions of tax-payer monies to fund the company, to fund people buying the product, and to fund the buying back of the energy — all at the cost of the tax-payer because profit in this industry is impossible:

…Additionally, renewable energy qualifies for accelerated depreciation, which has the effect of reducing OFM’s taxable income and will lower the company’s tax obligation by about $170,000 over two years, Zalcberg said.

Then there’s the business of selling power to the power company. OFM is selling electricity from its solar farm to Progress for 18 cents a kilowatt hour, a premium price approved by state regulators to promote solar energy. At the same time, OFM is paying only one-third of that price for the power it buys from Progress.

The effect is that instead of paying a utility bill, OFM will receive $60,000 yearly from Progress over its 20-year contract with the utility….

Now, here is the John Locke Foundation looking at the same topic:

Getting taxpayers and electricity ratepayers to pay your electric bill

This September 2010 N&O report about the Holly Springs furniture company OFM shows why solar is so popular with private businesses and why it is such a bad deal for taxpayers and ratepayers.

According to the numbers in the story, we can make a rough calculation of who pays and who benefits. First, OFM gets the taxpayers to pay for half of the cost of the solar equipment (i.e., half of $1.4 million, or $700,000). Then OFM receives taxpayer-paid tax breaks worth $170,000. Then Progress Energy ratepayers pay OFM 18 cents per kilowatt-hour for electricity produced by the solar panels, while OFM buys power from Progress Energy for 6 cents per kilowatt-hour to run its facility — a net profit of 12 cents per kilowatt-hour. Over 20 years, that would amount to a $1.2 million “profit” from Progress Energy inflicted on ratepayers by the legislature when it passed SB 3.

We must remember that OFM must pay for one-half of the cost of the solar panels, but subtracting the $700,000 cost from the total subsidies above ($2.070 million), OFM gets a cool “profit” after that expense of $1,370,000 to its bottom line courtesy of North Carolina taxpayers and Progress Energy ratepayers.

And that is not all. OFM and other businesses that participate in this fleecing of taxpayers and ratepayers get glowing media reports like this one.

OFM Celebrates One-Year Anniversary of Solar Farm With Plans to Expand

Holly Springs, N.C. — This month office and school furniture manufacturer, distributor and wholesaler OFM is celebrating the one-year anniversary of the 250-kilowatt solar farm it installed on the rooftop of its headquarters in Holly Springs, N.C. last August. The company has since been producing more energy than it uses…

Why not expand when you can force taxpayers and ratepayers to pay your electricity bills? Businesses that feed at the public trough are nothing new. This example illustrates that the environmental movement is the new home of crony capitalism, with taxpayer and ratepayer subsidies for solar, wind, electric car batteries, new LED lighting, the list goes on and on. Businesses get billions, politicians get good press, and taxpayers and ratepayers get fleeced. For more details, see John Stossel’s report on crony capitalism….

…read more…

Hurting the poor the most

The Institute for Energy Research found

that electricity prices are almost 40%

higher in states with mandates for their use.

(source)

How bout’ California? We can see the same boondoggle going on here as well… and its getting worse under government MoonBeam! (Waaay worse.) Here is some info from Hockey Stick, via the WSJ:

…California, for example, has allocated $3.3 billion in rebates for solar installations through 2016 and compensates residents between $0.20 and $0.35 cents per watt of expected performance (about 5% to 10% of the total cost of installation). San Francisco, which has a 100% renewable goal, provides additional rebates ranging from $2,000 to $10,000 per residential installation.

Meantime, school districts in California have received a total of $400 million this year for energy-efficiency projects, including window-glazing and solar-panel installations. SolarCity has contracted with school districts in Barstow, Simi Valley, Los Angeles and other cities.

SolarCity also benefits from “net metering” policies that 43 states, including California, have adopted. Utilities pay solar-panel customers the retail power rate for the solar power they generate but don’t use and then export to the grid. Retail rates can be two to three times as high as the wholesale price of electricity because transmission and delivery costs, along with taxes and other surcharges that fund state renewable programs, are baked in.

So in California, solar ratepayers on average are credited about 16 cents per kilowatt hour on their electric bills for the excess energy they generate—even though utilities could buy that power at less than half the cost from other types of power generators

Not to mention green jobs and money going to waste or keeping money laundering back into the political parties (mainly Democratic):

Cal Watchdog asks a simple question, gives three short responses, and then you can read the rest:

Now that the $2.167 billion California Solar Initiative is winding down, electricity ratepayers might ask: What was it and what did it accomplish? Was it:

1.) A cutting edge solar energy project to bring about a “self-sustaining” solar power industry, as touted by the California Public Utilities Commission (CPUC) and state legislators?

The answer is mostly no based on post-project evaluations done by academic experts.

2.) A program to replace very expensive conventional peak time power plants with equally expensive but clean rooftop solar electricity that is generated at the time of day when it is hottest?

The answer is no. Contending that rooftop solar power replaces conventional peak time power is bogus. This is because electricity rates are tiered depending on usage and climate zone and the fact that ultra peak power rates during heat waves and cold snaps only last maybe as much as four weeks out of 52 weeks in a year.

3.) An expensive, artificial green energy and jobs program that is now being wound down, as there is a recovery in the jobs market?

The answer is yes. Since California’s Solar Initiative did not produce a self-sustaining rooftop solar power market (Question No. 1) and cannot be justified as a replacement for expensive peak time electricity, this leaves us with one conclusion: It was mainly a jobs stimulus program that ended up adding about a $200 tax to 10.8 million utility customers’ electric bills.

[….]

Millions of utility customers subsidize solar installations

Of course, the CPUC omitted disclosing that the $6.16 per kilowatt cost of installing rooftop solar power came by adding $2.167 billion to the electricity bills of other California electricity ratepayers. To provide subsidies to the 118,303 recipients of residential, commercial and governmental rooftop solar power installations the electricity bills had to be raised for 10.8 million customers of Southern California Edison, Pacific Gas and Electric (PG&E) and San Diego Gas and Electric (SDG&E) through its subsidiary the California Center for Sustainable Energy (CCSE).

In other words, the Solar Initiative mandated on average about 91 other electricity customers to subsidize the rooftop solar installations of each rooftop solar power installation. Spread over 10.8 million customers, that equates to about a $200 tax per California electricity customer. The California Solar Initiative is another socialized system like Social Security that is based on a larger base of utility ratepayers paying for a smaller number of recipients. It is a program based on privatizing profits and socializing losses.

Thus, the $6.16 per kilowatt cost installed and 43,000 solar-energy-related jobs created by the California Solar Initiative are artificial and not market-based. The program could never have become self-sustaining in the first place.

…read more…

When government picks winners and losers, we all lose:

The California Air Resources Board is reportedly considering a new plan to help transportation for low earners: buying them cars. The agency would like to give those of low income a voucher to buy energy-efficient vehicles like the Nissan Leaf, which has a sticker price of $21,000. The board currently gives drivers $1,000 to $1,500 to get rid of their older vehicles in an attempt to curb carbon emissions; there is a second program that gives up to $4,000 depending on the vehicles involved.

….The CARB has even implied that it could sponsor the full purchase of an $18,000 for families of three looking to pick up a hybrid. Stanley Young, spokesman for the Air Resources Board, said that California should “make sure low-income people can also get into these clean vehicles.”

The federal cash for clunkers program was an immense failure, frontloading car purchases but doing nothing to truly spur demand for new vehicles. This program would have the ostensible goal of moving America’s auto industry toward more fuel efficiency; instead, it would redistribute income by subsidizing big business.

~ Breitbart

“A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge” ~ George Gilder

Central planning ALWAYS fails. Competition is a “discovery procedure,” Nobel-prize-winning economist F. A. Hayek taught. Through the competitive market process, we producers and consumers constantly learn things that force us to adjust our behavior if we are to succeed. Central planners fail for two reasons:

First, knowledge about supply, demand, individual preferences and resource availability is scattered — much of it never articulated — throughout society. It is not concentrated in a database where a group of planners can access it.

Second, this “data” is dynamic: It changes without notice. No matter how honorable the central planners’ intentions, they will fail because they cannot know the needs and wishes of 300 million different people. And if they somehow did know their needs, they wouldn’t know them tomorrow.

~ John Stossel

Chevy Volt ~ Government Backed Failure

Lonely Conservative mentions the inevitable:

Ah well, I guess they figure if they lose enough money on Volt production they can just come back to the taxpayer trough for another big bailout.

Nearly a year ago General Motors was losing almost $50,000 for each Chevrolet Volt it built. Now GM’s business model, driven by trendy environmentalism, calls for it to cut the price and lose even more money.

The green lobby wants more hybrids and plug-in electric cars on the roads. Therefore the president wants 1 million electrics humming around by 2015 — and the carmakers have to ignore market reality under pressure to do what the environmentalist-political complex demands.

Even if it makes no sense. ….

This time it’s because the automaker is going to drop the price by $5,000. USA Today reports that with “a full $7,500 federal tax credit, the price is cut to $27,495,” a figure that doesn’t include some state tax credits.

Aside from those whose egos demand that they use their cars to scream out their moral superiority as environmentalists, and maybe a few enthusiasts who dabble in the technology, does anyone really want these electric cars? Their dismal sales numbers simply do not justify their existence.

…read more…

Government Intervention Creates Zero Capital

“A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge” ~ George Gilder

Security Means Less Freedoms, America`s March Toward Europe ~ Whiteboard Video

George Gilder Explains an Economic Law

Speaking about government guarentees and especially “protections” (regulations) like Dodd-Frank, George Gilder enumerated the following Law:

“A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge”

~ George Gilder in an Interview with Dennis Prager about his book, Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World.

From video description:

Across the Atlantic, Americans see European economies faltering under enormous debt, overburdened welfare states, governments controlling close to fifty percent of the economy, high taxation, heavily regulated labor markets, aging populations, and large numbers of public sector workers. They also see a European political class that is unable — and, in many cases, unwilling — to implement economic reform.

This timely and sobering video explains why Americans cannot ignore the “canary in the coalmine” across the pond in determining our future. We must ask the question: “Is America becoming Europe?”

To learn more read Dr. Samuel Gregg’s Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future: http://www.amazon.com/dp/1594036373/

“This is a book that every economist, historian, and politician should read.” ~ Amity Shlaes, syndicated Bloomberg News columnist

“Europe is a terrifying example of what happens when the state gets too large and the money runs out. Don’t imagine that it couldn’t happen to you.” ~ Daniel Hannan, British Conservative Member of the European Parliament

Government Guarantee Limits Creativity and Information ~ George Gilder

Dennis Prager interviews George Gilder about his new book, “Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World.” I found this small bit on Dodd-Frank interesting as it leads to government interference creating a business atmosphere that nets zero information — or — creativity, entrepreneurial investment, or new growth in small business.