Monday, April 16, 2012

It's Time to Put Alternative Energy in Its Place and Challenge Academia Fraud

We are building an alternative energy bubble, and we have politicians ready to cap and tax our energy sector raising our costs for energy. This will cost families and businesses, and that means jobs. It is unbelievable that folks actually believe this is the way forward, as it is an ill-thought-out plan. And those who promote for political reasons are doing a severe injustice to our great nation, our economic future, and capitalism in general.
An extremely good book to read on this subject is; "No Turning Back - Dismantling the Fantasies of Environmental Thinking," by Wallace Kaufman, published by Basic Books, a division of Harper Collins Publishers, New York, NY, (1994), pp. 212, ISBN: Zero-465-05118-Six. In this book the author explains the methods environmentalists use to promote their alternative energy projects, how they file lawsuits, how they use the media, and how they attack industry.
The author also shows how environmentalists cite research projects, and who is actually doing the research, and where they are getting the money for the research they are doing. He also shows how many of the environmental alternative energy projects are actually harming the environment much more than regular energy projects which must go through rigorous environmental impact reports.
This is a very good book to read because anyone who studies alternative energy realizes that the concrete that goes into the foundations for wind turbines creates more CO2 than a coal-fired plants with adequate scrubbers would in a year. Likewise, wind generators only generate power when the wind is blowing, so it could take 20 years before they become carbon neutral within such cap and trade schemes. Yet, they will be exempted.
It is also interesting because wind turbines cause all sorts of other issues, plus they are a blight on the landscape. Some people might like looking at wind turbines at first, because they are new and they look cool, but after a while they become an eyesore. It is amazing that many alternative energy projects don't go through the same scrutiny with environmentalists as fossil fuel generating plants might.
Even though wind turbine blades kill birds, and bats, and create low-frequency noise, ultrasound which is bad for all species, no one talks about it. But even a small oil spill which killed 145 birds off the coast of Santa Barbara in the 70s got the world media's attention. The average large wind turbine generator kills 145 birds each and every year, forever, or as long as those blades are still turning.
We are also to believe that we should buy alternative fuel cars. But those batteries don't last forever and they end up in landfills, or when recycled they are toxic waste. In a recent article; "Driving Green - Does It Make Economic Sense to Drive in Alternative Fuel Car?" by Peter Bohr in Westway's Magazine May 2010 - the author asks the question and gives you some figures - namely if you drive 15,000 miles per year at three dollars per gallon and you pay $5000 to $10,000 more for your hybrid car than a regular car you will not break even.
Worse, in 5 to 8 years you will need new batteries, which can cost you 4000 to 5000 more dollars. And hybrid cars have a lower value if you sell it used without replacing those batteries. The depreciation is almost twice as much as a regular car. Of course they don't tell you this because there's a whole lot of people making a whole lot of money selling hybrid cars, and trying to capture that market.
Right now some of the hybrid car manufacturers are not making money, and they are selling the cars less than they cost to make. They are literally "Dumping on the Market" to grab up future market share, something that is actually illegal due to our antitrust rules. Yet they are able to get away with this. And those are just a few of the reasons why it's time to put alternative energy in its place.
We need not even mention the fact that global warming theory has helped academia gets billions of dollars in research to keep their departments going, that's taxpayer's money. Of course, if these research facilities at our universities don't come up with the right answer, they don't get future funding.
This reminds me a lot of the rating agencies rating the mortgage backed security bundles as Triple A to get more work. What I see coming is an alternative energy bubble, and I don't want to be anywhere near it when it bursts. Please consider all this.

Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes the real estate market will eventually come back;