Showing strong determined leadership and political correctness coupled with the best green feel-good intentions the Obama Administration, ignoring all professional input from the conservative scientific, environmental and economic community’s, bought into the UN/IPCC anthropogenic agenda that human use of fossil fuel to produce Grid electricity was generating an excessive amount of carbon dioxide, a greenhouse gas that, purportedly, was polluting the atmosphere, melting glaciers and ice flows, rising the sea levels, rendering polar bears homeless, turning the planet into a hot waterlogged greenhouse that would soon be uninhabitable for animals, humans, fish, veggies, grain crops and butterflies. With  Obama’s Scientific Advisors, John Holden and Al Gore’s siren song resonating in his ears the President decreed (in California at a Jerry Brown hosted political fund raiser) that use of fossil fuel must be immediately reduced and eventually eliminated, that dirty fossil fuel electricity now generated for the Power Grid must be replaced with “clean pollution-free energy” mostly from solar and wind, then spontaneously Jerry Brown (California’s governor for life) jumped-up and promised that California would “lead the way forward to that clean new world”, following a thunderous applause the President further promised that in just a few short years the investment in solar and wind would have paid back the energy used to produce it and future electricity from those sources would be “free” requiring only minor maintenance during their purported 25 to 40 year life cycle. Just as John Kennedy’s Moon Program heralded in a new era of space technology so Obama would herald in a new era of Clean Free Electricity, and the news media desperately seeking to resurrect Camelot, now led by a handsome black knight on a big white stallion (actually a gelding), gobbled it up and spread the message far and wide…     

In reality the actual cost in money and the loss of reliable well-paying jobs in the mining, petroleum, pipeline, power generation and transportation industries (to mention but a few) that would be lost to make that transition was downplayed and in most instances totally ignored because the President promised green energy would produce more jobs than were lost. It is no secret that delivered Grid electricity generated by solar and wind would, varying upon location and local circumstances, cost 10X to 50X more than electricity produced by more convenient sited and sized natural gas power plants. Adding banks of back-up batteries (with very expensive instrumentation, switching and energy conversion equipment) to “balance to load” (and then only for a limited duration) further increases the costs to the ratepayer, and still leaves the system vulnerable to unpredictable naturally caused outages resulting in rolling brown-outs and black-outs, a power engineers worst nightmare…   

Realizing that there would be some inconvenience to the people the Administration believed that saving the planet was a just and noble cause that could easily be sold to the people, and once the people realized the wisdom in that agenda (via one of the most extensive and expensive government sponsored propaganda campaigns the world has ever seen) those good people would put up with the minor inconveniences, like fewer jobs and more expensive everything. To sweeten the deal the administration and its legions of anthropogenic activist pointed out that reducing carbon dioxide (like nicotine) was a medical necessity that would save lives, and that fit in nicely with Obamacare and the Worlds Health Organizations things to worry about. Then came Obama’s NASA (a charter member of the anthropogenic club) with their $500 million dollar Orbiting Carbon Observatory program that would end any doubts about carbon dioxide and support the anthropogenic global warming theory. And besides all of that Europe was already doing it and all was working just swell. Wherever you looked it was all good news thus with green lights flashing the program took-off on the fast track…

The elite “powers that be” then moaning and groaning about the build-up of zero interest cash reserves “because there was nothing good to invest in” instantly recognized a good thing and quickly realized that being “green” was not only politically correct but a safe and easy way to make a lot money, with new green credentials (a membership card in the Sierra Club) they jumped on the overloaded bandwagon making its merry way to Washington D.C… 

Fast forward: Today we find that there are so many powerful middlemen and stakeholders feeding at the public alternative energy trough that even if the “cover” were blown tomorrow and the IPCC fell on their sword the momentum of subsidized spending will continue for years to come while the crafty middlemen and stakeholders bail out with sizable tax-free profits leaving the naïve taxpayers to pay for the guaranteed subsidy’s for another decade. A good guide to monitor alternative energy investments would be Warren Buffett’s public statements and investments in wind energy…    

China and India, two of the world’s oldest civilizations remembering the teachings of Confucius and Buda accept the fact that homo sapiens are just another one of Mother Nature species put on earth to do a specific task, good or bad, as are all life forms.  Long ago Mother Nature wrote the script, produced and the directed the scenario then implemented the program and it is all playing out just as it was written, and everyone knows “you can’t beat Mother Nature”, said another way “fossil fuel is the real green energy derived from ancient green forests, giant green ferns, green algae filled lakes and all kinds of natural organic stuff stored underground in the distant past for humans to use in the future”. China and India got the message now paying lip service to the UN/IPCC, Europe and Obama they are making good use of nature’s abundant bounty to improve the quality of life for their burgeoning populations, and if that nature intended task eventually makes the planet inhospitable for humans then humans will adapt or face extinction making way for another more adaptable species to arise in turn, to briefly dominate the earth, as it evolves toward its final cosmic destiny…   

Europe after taking off their rose colored glasses now realizes that what looked like green was really grey. Europe now saddled with very expensive green electricity is becoming dark and cold with few jobs and finds itself no longer economically competitive with the US, China, India and other smaller emerging nations climbing up the economic ladder. Germany, the world’s self-proclaimed technology leader and #1 in solar and wind development, is having second thoughts now opening shuttered coal mines to meet this winters demand for electricity that solar and wind cannot nor ever will provide. Spain, the UK and other advanced “environmentally concerned” countries are facing the same problems, many of whom now are looking to Russia for fossil fuel and thinking that nuclear may not be so bad after all…

The real “cradle to grave” costs of the solar, wind and battery folly will not be fully understood until those zillions of mega-systems wear out, are dismantled and transported to specially designated hazard waste centers, only then will it become apparent that solar, wind and batteries have very large carbon footprints, that the promise of “free electricity” after a short payback period was false as was the 90% recycling and reclaiming propaganda, In reality there is little in a bare solar panel that can be reclaimed for reuse, most of that trash will simply be crushed, pulverized and deposited in hazard waste landfills, landfills that will require on-going care and maintenance for decades to come (much like nuclear waste storage but requiring more space). The actual cost to the taxpayers and the environment required to mine, transport, smelt, manufacturing, install, maintain, then dismantle, transport, process and finally burry the end solar/wind waste products will, in many instances, exceed the value of the energy these systems were supposed to have produced. And all the while that is going on new massive  solar, wind and battery projects continue to multiply adding additional greenhouse gas to the atmosphere, which may, in part, be why CO2 levels continue to rise???. If you are looking for a long term investment think about “Hazard Waste Landfills”, everything from your cell phone to the solar panels on your roof will soon be going that way…