Green Energy is all about Wasting Energy…and Cash.
So no one should be taken by complete surprise that yet another Obama-administration-backed Green Energy company is about to get flushed down the toilet, but only after it has wiped it's ass with millions of taxpayer dollars.
There’s a variety of reasons why these Green Energy companies get their funding from the federal government:1. No self-respecting venture capitalist or wise investor puts his cash into technologies that don’t work, aren’t profitable, and are the result of a badly-understood, and mostly-made-up ‘scientific theory’ that even the scientists can’t agree on, itself the product of bad science and political douchebaggery. If the bulk of Green Energy startups had to depend on the Free Market to attract investment, there’d be no Green Energy startups. They’d be laughed out of the boardroom before they even finished their sales pitch.
2. The American Political system has been perverted to operate on a model of issue-advocacy and symbiotic relationship between Big Business and government, rather than on the founding principles of responsible government that serves the Public Trust. All issues have constituencies, but some constituencies become more important than others when they can contribute campaign cash or round up voting blocs for a particular politician or political party. To keep access to that cash and those voting blocs, individual politicians, and entire parties make certain that these donors and organizers are kept happy with large dollops of taxpayer money or special privileges, as often and as quietly as possible.
3. The ultimate purpose of the Green Energy industry is not, as one might assume, to produce energy, but rather to suck cash out of taxpayer pockets under the guises of 'good public policy' and technical and industrial advancement which will provide jobs for citizens. Many of these companies, however, are started specifically to get at the federal subsidies. They may build a factory, or a small wind farm, and maybe even a showcase solar farm, but the actual expenditure and project scale are rather small and cheap; the bulk of that subsidy goes into someone’s pocket, and as soon as the government cash dries up the company goes out of business. Instead of ‘Too Big to Fail’ we get ‘Intended to Fail, but only after I’ve gotten stupid rich on taxpayer money, and Senator Dingleberry's re-election is assured’.
4. The whole Green Energy scam is part of a wider political scheme. Green Energy policy is but a tool with which World Socialism is stealthily introduced at the expense (literally) of Capitalism. Green Energy is a boondoggle in which advanced, industrialized nations actually conspire to arrest their own development with a system of laws, regulations, taxes, carbon emissions standards, and so forth, but then exempt ‘emerging’ economies like China, India and Indonesia, so that they may ‘catch up’ to the Western economies. That this involves the use of technologies and fuels which the West has deemed ‘dangerous’, and this sets up a double-standard is irrelevant; the point is to artificially stop Western economic growth to such an extent that there is virtually no difference (in say, 25 years) between the American and Chinese economy or living standards.
Everyone will be made equal, one side by continuing to pollute to its heart’s content, and the other by committing economic suicide. There you go: everyone’s finally equal, and since the West will have destroyed its economic and technical base in the process and will be hard-pressed to recover, everyone will stay equal for a very long time to come. Socialist World Revolution without the need for messy wars, and the West will have done it under the false impression that they have followed some great moral imperative.
But, companies like Solyndra and Sun Power serve an even more insidious purpose, in the longer run.
By wasting such huge amounts of capital, materials, and labor for no purpose beyond ensuring they can't be accumulated by anyone (this is how people get rich, you see?) and operating on a flawed economic model (ex: Solyndra produced solar panels at $6 each, and then sold them for $3!), they effectively manage to eliminate ‘excess’ wealth that otherwise would have raised people’s standards of living and thus created greater disparity in wealth between people, but only in a way that appears beneficial that the government openly seizing someone's home or checking account by force, wouldn't.
You could have achieved much the same results by building one million homes and then setting fire to them, or by baking fifty million loaves of bread and then dumping them into the local landfill. The point is to relieve an economy of what Socialists consider ‘excess’ wealth which will become a point of contention between social classes, and thus, bring violence, discord, and instability. That much of that ‘excess’ wealth still finds it’s way into someone’s pocket is, again, irrelevant; those who are of the Nomenklatura are always allowed a few excesses, as befits their station, connections, and dedication or importance to the cause.
Occasionally, you do get an honest-to-God Capitalist or two turning up in these things, but these guys weren’t in it to make the company a going concern: they were just the people who knew which backs to scratch and which campaigns to contribute to in order to secure the ‘loans’ and subsidies; the really dangerous people in this conspiracy of stupidity are the government apparatchiks, bureaucrats and politicians who run the scheme. The capitalist is simply motivated by greed, whereas the government douchebag has a deeper, hidden, sinister political and ideological agenda.
The two always meet at the intersection of Greed and Devious. That it isn’t illegal is not shocking, either, as both have vested interests in keeping it that way. They call it a Public-Private Partnership, but it’s more like a Public-Private Rape Gang.
That it all has the appearance of Capitalism (factories are built, people get (ultimately temporary) jobs, the companies might be publicly traded, and so forth) is just the beauty of the whole scam. Lenin once said that Capitalism would sell the Commies the rope with which they would ultimately hang us, and he was right. Only nowadays, we term this insidious circumstance a ‘government investment’. And it doesn’t only happen in the Green Energy industry; the same is true of the Educational Establishment, for example, producing worthless products (a Bachelor’s degree in Gender Studies or Hip Hop, for example), at great, usually public, expense, that serve no useful economic purpose and improve very few lives.
That some of these companies will fail spectacularly is not all that surprising, seeing as how that’s what they were intended to do, but that the American taxpayer has been suckered to such an extent by its own leadership. Considering the absolutely crappy people we send to Washington, D.C., and the authority we give them, this is perhaps our just desserts.