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We're constantly told -- Green use less energy shrink our carbon footprint.
In the name of doing that the US government gives six billion dollars in subsidies to solar industry eleven billion to wind power companies.
Now of wind or solar were practical today when -- billions of your dollars entrepreneurs would just invest -- but.
Investors shy away is they want to throw their own money away.
Green advocates aren't satisfied with the billions -- already give them they want more and you're -- has been animal.
This thrills the chattering class Thomas Friedman wrote.
If only we could be as energy is Smart as Denmark.
Reuters said Germany sets new solar power record government support for -- help Germany become law world leader in renewable energy.
A left wing think tank the Center for American Progress is thrilled with Germany Spain China.
Have seized the energy opportunity but the United States risked getting left behind.
Sounds terrible -- clean your clock in the new field of renewable energy.
But why the left wing European environmentalist Bjorn Lundberg says books apparently we in Europe are the ones who've been getting -- clocked clean.
Your Danish you help pay for this or what do you mean what we're we're sort.
-- paying a very large amount of money to.
How do you bragging rights Erfurt Germany having the most solar -- having the most win the Germans are spending about a 110.
Billion dollars on subsidies through these solar panels the net effect of all of those investments will be to postpone global warming.
By 37 hours by the end of the century.
Almost billions for 37 hours -- -- he will remember 12100.
And say well you believe in global warming and what -- real and it is something we need to fix we should fix it smartly.
And not in a very very costly way as we're doing right now.
Germany is probably spending 660.
Dollars for every ton of -- to -- cutting.
And remember the benefit of it -- about five dollars per -- That's a bad deal and even your foolish politicians in -- -- -- saying I guess who made a mistake and they're cutting back there curbing it but unfortunately they're not by any means -- out there -- still way too proud.
Of their they're creating green jobs.
And that's another one of those things you know when you say.
We're creating green jobs sure if you give lots and lots and subsidies you're inevitably gonna get -- but where you gonna pay it from what you gonna pay it would higher taxes elsewhere.
Which of course is gonna shed jobs each green job -- a 175000.
Dollars each -- job now.
They did the bizarre thing is if you really want drops and you can make an argument in -- in a crisis to subsidize jobs in the short run.
You can get many many do more jobs if you focused on.
Of our hospitals or other things where you would also -- a lot of great benefits and more jobs.
You dispute this.
Use wind power to create the same amount of energy is one nuclear plant you need Windmills that would cover of this state of Rhode Island.
All of would you have to remember is wind turbines are much much less efficient partly because they take up a lot of space and there are more efficient and -- Yes they're more efficient but also simply because they only you know work about 14 of the time -- you need to build a lot of backup power.
Again the point here is to say.
They're fuel is free so potentially we could get to a situation where would actually benefit -- be beneficial but we -- not there yet.
But were spending like we are yes and that's the real depressing situation a lot of people are are saying.
Global warming is real so we gotta do something now.
Well actually no global -- -- so we've got to find Smart ways of making sure we had everybody -- not just rich well meaning.
Germans and Danes.
But that we can also find technology so be so cheap that the Chinese and the Indians will buy into these technologies so this is about just like everything else back invasion.
If we get cheap green energy everyone will buy as long as it's expensive we need to subsidize that.
And if it gets practical.
-- -- I don't know -- tax -- thank you Bjorn please stay with us because.
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