-By Warner Todd Huston
The “Green Energy” sector has been hit with a series of setbacks over the last few years. From a wind farm being cited for killing an endangered eagle, to solar energy’s tumble from investor favor over dismal performance, to a growing list of companies gone bankrupt even after President Obama pumped millions of our tax dollars into them, the so-called Green Energy sector has certainly seen better, more hopeful days.
In the realm of farce, a wind farm in Nevada finds itself at an unfortunate crossroads of political correctness. Even as the wind farm in White Pine County, Nevada is a favored “Green Energy” nirvana, the company that runs it is under threat of sanctions by the federal government. Why? Because a protected Golden Eagle flew into one of the farm’s turbines killing itself.
Now, San Francisco-based Pattern Energy is awaiting a decision from the feds on whether or not they will have to pay a $3,000 fine for killing the endangered bird.
But as the President might say, that is but “a bump in the road.” Worse than the death of a protected eagle, a recent analysis reveals that the bottom has fallen out of solar energy investments.
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Eagle-Killing, Investment-Wasting ‘Renewable’ Energy”
Republican Presidential hopeful Newt Gingrich appeared at Otto Engineering in Carpentersville, Illinois this afternoon and had a few choice words for Barack Obama. Newt told the president than he can be the fantasy algae guy and he, Newt, will be the science candidate.