A state agency is expected to approve regulations Thursday that could break an impasse in a long-sought goal to require utilities in California to obtain a third of their power from solar and other renewable sources by 2020. The vote by the California Air Resources Board is being watched closely by clean-tech companies, many of which have curtailed expansion of their operations in the state because of the regulatory deadlock. As they wait for a resolution, solar, wind and other alternative power companies say they have been unable to lay out business plans, court investors or attract customers. Many said they were considering focusing their efforts in other states or abroad, where clean-tech policies are more comprehensive. "We're competing against international companies that have strong policies in their home markets that give them a huge advantage now that they're exporting into other markets," said Kevin Smith, chief executive of SolarReserve, which develops renewable energy plants. "We find ourselves behind the curve compared to Europe and China."...more
Don't ya just love these guys?
They need the strong arm of the government and subsidies before they can invest or plan.
And they want us to be more like China.
I hope they all go belly up.
In the meantime, they need to learn the free market is like your bathroom scales.
P.J. O'Rourke explains in this video:
No comments:
Post a Comment