Saturday, 2 April 2011

The False Promise of Green Energy. New book from the Cato Institute.

       Authors Andrew P Morris  Professor of Business at the University of Alabama and his fellow authors William T Bogart  President of Maryville College, Roger E Meiners  Professor of Economics University of Texas and Andrew Dorchak  head of reference at the Case Western University School of Law have produced this excellent new book on the green movement.  It examines the claims green energy proponents make  that we can improve the economy and the environment by spending hundreds of billions of taxpayers money in return for false or highly speculative promises. The introduction notes that the ultimate agenda of the green movement is far larger and more insidious than acknowledged.  It illustrates the irresponsibility of attempting to transform modern society with borrowed money, wishful thinking and bad economics.  A bit like the sub prime mortage disaster from which we are only just beginning to recover, with every liklihood of a similar green disaster in the future. The interference with the free market by giving massive undeserved subsidies to technologies such as solar power and wind power which the authors critically examine and come to the conclusion that both wind power and solar power are neither cheap nor green.  This new book is essential reading for those involved in the debate.

     Also recommended "Resisting the Green Dragon"  by James Wanliss published by the Cornwall Alliance
               Both books published in 2011.

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