Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Dick Young’s Safe America
  • Your Survival Guy’s Super States
  • Critical Race Theory
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money

Chasing Windmills

May 13, 2015 By Debbie Young

Green energy is being crushed. Over the next 20 years, most of America’s energy is not going to come from windmills and solar panels, writes economist Stephen Moore. With the boom in shale oil and gas and the steep decline in the price of fossil fuel, marketing wind power in an environment of $3 natural gas is “like trying to sell sand in the Sahara.” And with gasoline at $2.50 a gallon, the sales of electric vehicles have stagnated.

At least private-sector investors have lost their own money in these foolish bets on bringing back energy sources from the Middle Ages like wind turbines. The tragedy of government as venture capitalist is that the politicians lose our money. These government-backed technologies divert private capital away from potentially more promising innovations.

Read Moore here, who suggests that perhaps the Obama administration needs to rethink lavishing more subsidies on the Solyndras of the world.

Related video:

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • Unleashing the Energy Economy
  • The Energy Evolution
  • Worldwide Nuclear Energy Update
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • Greetings From Paris & Le Bristol Hotel - June 24, 2022
  • Biden, a Job Killing Machine - June 24, 2022
  • Good News for the 2nd Amendment - June 24, 2022

Dick Young’s Must Reads

  • We’ll Burn the Place Down!
  • America’s Colleges Have Become Progressive Liberal Rat Holes
  • The Butterfly Effect and Chaotic Markets
  • YOU DESERVE FREEDOM: Your Hard Work Will Make It Happen
  • Does Big Government Create Poverty?
  • CONSTITUTIONAL CARRY: Alabama Becomes 22nd Permitless Carry State
  • Vermont Abandoned, Dairy Farm Economy Devastated
  • “An Epic Struggle Over the Definition of America”
  • The County Sheriff: America’s Last Hope
  • Your Cash Swept into Your Broker’s Bank Account!

Disclosure

RSS Youngresearch.com

  • Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More
  • Is the Great Job Boom Over?
  • Here’s Why You Need a 15-Year Retirement Investment Plan
  • Will ESG Do to Steel Prices What It Did to Gas Prices?
  • Kellogg Cuts Loose with Split Plan
  • Apple Shares Resilient in the Face of Recession
  • MONEY TALKS: The Best Service in Paris
  • Predictions of MEGA-SPENDING on Metaverse
  • RECESSION? Dow 25,000, $8 Gas, Rising Interest Rates, Spell Mid-term Crack Up
  • Investing During a Recession

Greetings From Paris & Le Bristol Hotel

The Most Controversial Restaurant in Paris?

Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More

Russia’s “Unsubtle” Artillery Attacks Not Necessarily “Archaic”

FLORIDA DODGED A BULLET: Elected Superb DeSantis Over Unstable Gillum

Biden, a Job Killing Machine

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives