Wednesday, October 13, 2010

Just Another Lefty Gautag

Check out the leftynomics:

Solar panel operators receive a fixed tariff for every kilowatt hour of power they produce. That tariff is well above the standard market price for electricity, guaranteed for more than 20 years. The total subsidy payout over the last 10 years has been €60 to €80 billion. The yield has been modest by comparison. Solar power covers just 1.1 percent of German electricity requirements.
What’s even more hilarious, is that the author blames the Conservatives for “withholding the costs” of what the left’s fantasies of dystopic backwardness really are. Somehow, the Conservatives in power who are being buffaloed and berated into shutting down nuke plants and “transform” Germany are responsible for the fact that it might cost money, and not wishes or daisies.

That this notion would be expensive and unreliable was painfully obvious 20 years ago when households in Germany were still regularly taking delivery of oily Lignite coal. The fact that someone has waited until now to establish that their fantasies of power generation would cost 5 to 7 trillion Euro-smackeroos (2-3 YEARS for German GDP, by the way,) reveals the short term thinking of these louts so fond of telling others that they are such fantastic long term thinkers.