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Growing Disenchantment with Renewable Energy

Posted by Institute for Energy Research on Dec 1, 2011 at 12:20 AM

Government investment in failed energy technologies has cost American taxpayers billions of dollars

Bloomberg’s New Energy Finance forecast is predicting that global clean energy investments may double to $395 billion by 2020, led by growth in offshore wind and solar power.[ia] But, the Dutch find that offshore wind is too expensive to subsidize by the government and the Duke of Edinburgh finds that wind farms are useless, even though the British government plans to build more.

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