Thursday, July 02, 2009

The fabled shift to a "green energy" economy is a pipe-dream

It takes a special kind of naivete to believe subsidizing energy which costs 3x to 6x as much as fossil fuels (depending on who you ask) is going to benefit anyone, except for the politically connected...even so, the fabled shift to a "green energy" economy is a pipe-dream to succor the feel-good set into supporting what is essentially just a big tax hike.

Ten years from now, the percentage of energy produced from wind and solar will be no higher than it is today -- we'll just be paying a lot more for the oil and coal energy we consume.

There does exist a real green and cost effective energy source not many in power seem interested in -- nuclear power, of course.

My home state of Maine has been ahead of the curve lately, passing gay marriage laws and income tax cuts. Perhaps Maine can lead country forward with clean nuclear energy. Let's bring Maine Yankee back online and continue to show the rest of the country how it's done.

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