I recently read Myron Ebell of the Competitive Enterprise Institute spouting nonsense about how much funding the Department of Energy has wasted on renewable energy.
“[Mr. Chu] is an indication that Obama really is committed to pursing renewable energy, which the Energy Department has been subsidizing and researching for 30 years,” Ebell told the Washington Times. “It’s a boondoggle.”
Well, for the best-known alt energy technology, solar photovoltaics, here’s what that “boondoggle” has cost the taxpayer: less than $75 million a year since the early 80s. That’s nothing!
I’d be willing to be that our government probably spent more than that on beer for the military.
Via > National Renewable Energy Laboratory
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