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d_legendary1

(2,586 posts)
Thu Mar 19, 2015, 10:09 AM Mar 2015

The Koch brothers say solar energy will flop; Georgia says they're wrong

He'd heard the accusations before, in another time and place.

Support solar energy, and you will support higher electric bills. Less reliability. More tax subsidies and unwanted government interference.

This is what the critics said in Georgia in 2013, and they're saying it again in Florida today.

"Total foolishness," Georgia Public Service Commissioner Bubba McDonald said Wednesday. "We have no state subsidies, and there has been no upward pressure on rates. If anything, it's held down the cost of fuel.

"They can come down to Florida and blow all the smoke they want, but don't you believe it. I initiated this in 2013, and I had no problem getting through a primary and general election in 2014. What does that tell you about how solar energy is working in Georgia?"

Consider this an early warning shot in a solar energy battle that may soon take center stage around here.

Governors and lawmakers in Florida have been so deep in the pockets of power companies, they have allowed the Sunshine State to lag behind a dozen others in the use of solar energy.

That's why a group called Floridians for Solar Choice is working to have a constitutional amendment placed on the 2016 ballot that would effectively eliminate an arcane state law that forbids anyone other than a utility company to sell energy.

http://www.tampabay.com/news/business/energy/romano-the-koch-brothers-say-solar-energy-will-flop-georgia-says-theyre/2221949

-----------------------------------SNIP----------------------------------------------

Who wouldn't want to save some green with solar? The Koch Brothers! Cuz they don't own the sun!

5 replies = new reply since forum marked as read
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The Koch brothers say solar energy will flop; Georgia says they're wrong (Original Post) d_legendary1 Mar 2015 OP
Right now crude is the flop. tridim Mar 2015 #1
They aren't libertarians, they are crony capitalists n2doc Mar 2015 #2
Solar Stocks Soar 32% as Chinese documentary goes viral | Marketwatch Fred Sanders Mar 2015 #3
Tesla Wants You to Have one of it's Batteries Fred Sanders Mar 2015 #4
If I ever manage to make it to manager d_legendary1 Mar 2015 #5

tridim

(45,358 posts)
1. Right now crude is the flop.
Thu Mar 19, 2015, 11:05 AM
Mar 2015

People don't even want to buy what the oil companies have in stock.

Meanwhile solar and wind power are taking off like crazy.

Like all RW Libertarians, the Kochs are wrong about EVERYTHING.

n2doc

(47,953 posts)
2. They aren't libertarians, they are crony capitalists
Thu Mar 19, 2015, 12:05 PM
Mar 2015

Or Kleptocrats. Libertarians would support people producing their own power. At least if they were being honest.

Fred Sanders

(23,946 posts)
3. Solar Stocks Soar 32% as Chinese documentary goes viral | Marketwatch
Thu Mar 19, 2015, 02:11 PM
Mar 2015
http://www.marketwatch.com/story/solar-stocks-soar-32-as-chinese-documentary-goes-viral-2015-03-06?mod=MW_story_hoverstory

NEW YORK (MarketWatch)—One popular way to bet on solar stocks, the Guggenheim Solar ETF TAN, -0.06% is up 11% this week, helped by factors that include a widely viewed documentary about smog in China.

The solar exchange-traded fund has gained 32.3% in the year to date as of Thursday’s close, making it the best-performing U.S. ETF so far in 2015. That’s according to XTF.com data that excludes leveraged ETFs. The adjacent chart shows the Guggenheim Solar ETF’s rally. Two rivals aren't far behind, as both the Market Vectors Solar Energy ETF KWT, +0.74% and iShares Global Clean Energy ETF ICLN, -0.34% boast year-to-date advances of 24.8%.

Below are five reasons that might explain why solar is shining.

Fred Sanders

(23,946 posts)
4. Tesla Wants You to Have one of it's Batteries
Thu Mar 19, 2015, 02:13 PM
Mar 2015
http://www.marketwatch.com/story/tesla-wants-you-to-have-one-of-its-batteries-2015-03-18

"Tesla TSLA, -1.90% “will have more to announce in the coming weeks” about its storage business, a spokeswoman said this week, without specifying details. The electric-car maker has several job ads related to battery storage posted on its website, mostly looking for engineers.

In February, Chief Executive Elon Musk said the company will unveil a Tesla battery for homes and businesses, with production starting in the next six months or so. That was on Tesla’s conference cal following fourth-quarter results.

On Monday solar-power systems installer SolarCity Corp. SCTY, -0.68% unveiled its microgrid service, which combines solar power and batteries. Musk is the chairman of SolarCity, where his cousin, Lyndon Rive, is chief executive."

d_legendary1

(2,586 posts)
5. If I ever manage to make it to manager
Fri Mar 20, 2015, 09:28 AM
Mar 2015

I'll buy one of their batteries and their vehicles. We should be subsidizing this shit.

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