“It seems political leaders in Europe have figured out that there are consequences for allowing faith to substitute for markets when it comes to energy. ‘We face a systemic industrial massacre,’ said Antonio Tajani, the European industry commissioner. Mr Tajani warned that Europe’s quixotic dash for renewables was pushing electricity costs to untenable levels, leaving Europe struggling to compete as America’s shale revolution cuts US natural gas prices by 80pc. Never fear – they have a solution: print money.”
http://bionicmosquito.blogspot.com/2013/09/the-green-energy-religion-meets-real.html
Related posts:
Covering Up the Katyn Massacre: Another Day at the Office for U.S. Presidents
Surveillance State? Washington Post Explains It ... Not!
Ryan and Biden: Birds of a Feather
Marijuana Prohibition Going Up in Smoke? High Hopes for a Drug War Peace Dividend
How Is Bernanke Going to Land His Helicopter?
Don’t Buy Into the Bond Mania
Why Are Domestic Government Agencies Purchasing Enough Lethal Ammunition to Put 5 Rounds In Every Am...
Who's Your Guy: Obama or Manning?
30 Years After Saddam Hussein, Now U.S. Bombs Kurds To Smithereens
The Government Is Lying to Us About Cybersecurity
NSA Subversion of the Constitution Warrants Impeachment Investigation
The Real New Hope for the Global Middle Class
Part-Time Track Jobs For Mainstream Professionals?
The Absurdist, Tragicomic Narratives of Domestic Surveillance
The Genie Has Escaped the Drug Prohibition Bottle