Tonopah, Nevada, is home to one of the most ambitious alternative energy projects ever subsidized by the U.S. government. Due to its unique clean-energy technology, the Crescent Dunes Solar Energy Project was designed to produce up to 1 megawatt of electricity generate power even when the sun isn’t shining.
The DOE bet $387 million from 2010 through 2016 on what proved to be the wrong green energy horse.
A story by Matthew Wald in the New York Times on January 9th demonstrates the poverty of governmental attempts to pick “winners” in the realm of green technologies, the wasteful subsidy programs supporting that policy goal and the huge costs for the private sector of being unable to march to Washington’s tune. Among its […]
In a December 1 article in Wired, “In Role as Kingmaker, the Energy Department Stifles Innovation,” former Tesla Motors Chief Marketing Officer Darryl Siry critiques the federal government’s campaign of “green” corporate welfare for the American automobile industry (Advanced Technology Vehicles Manufacturing Loan Program). With the recent Climategate revelations that indicate that the stampede […]
In a recent commentary titled “Diagnostics and Therapeutics in Political Economy,” I endeavored to show that an analytical understanding of past growth in the government’s size, scope, and power does not permit us to prescribe effective means of stopping or slowing this growth, particularly any simple “silver bullet” remedy, and I specifically disclaimed any […]