Suntech Bankruptcy Shows Solar Power Isn't Economically Viable
Suntech, one of the world's largest photovoltaic manufacturers, has now declared bankruptcy, ignoring the enormous enthusiasm from environmentalists just as the tide ignored King Canute.
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#1 Mar 21, 2013
Yeah, Lych:"Many of us had warned about just such a threat and been denigrated as old fogies, shills for the oil/gas/coal industries, or simply ignorant. This misguided enthusiasm provides a good object lesson."
The fossil fuel industry has been around for about 150 years and it still is lobbying and accepting Government handouts like, favorable lease agreements, tax incentives, grants and loans for exploration and development of new sources. Some of those sources are in countries that are not friends of the U.S. YOU'RE part of the problem Lynch, when can society expect YOU to be part of the solution?
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