Day: November 22, 2012

“A low price for credits and minimal demand for future offsets suggest California will see a mere fraction of the $1 billion that Gov. Jerry Brown and lawmakers estimated the state would receive this fiscal year.” [Sacramento Bee]

“Green businesses are modifying large turbines to make them less productive, because perverse government subsidies reward machines that produce less energy at nearly double the rate of more efficient ones.” [Spectator]