Cash for renewable clunkers

The Wall Street Journal reports how Wall Street wind investors get a 30% cash rebate on the building of renewable energy facilities in addition to accelerated depreciation deductions — with no government spending cap on the program.

A spokesman for Rep. Darrell Issa (R-CA) said:

“We are concerned that this may evolve into a cash-for-clunkers version 2.0.”

Energy sprawl?

Watch for the greens to oppose wind, solar and biofuels projects because of the size of the projects’ geographic footprints. The greens call it “energy sprawl.”

The greens prefer energy rationing to renewables. They may use the term “efficiency,” but like “sustainable,” it’s merely a euphemism for “no growth.”

Click here for a Nature Conservancy study entitled “Energy Sprawl or Energy Efficiency: Climate Policy Impacts on Natural Habitat for the United States of America.”