To the previous writer on simple economics: currently we purchase electricity in this country a roughly US$0.06 - US$0.08 per kWh. The mean cost for solar produced electricity is about $US0.21 per kWh. Blaming government officials for a weakness in economics of photovoltaic energy conversion is like blaming a polar bear for global warming.
Jeremy Briggs
of GA
@
Apr 23, 2009 07:05:38 AM
Germany vs. USA
It seems so amazing to me that a country like Germany where Munich is at the same latitude as Seattle and its northern border the same latitude as Juneau, Alaska has the most advanced, efficient solar generation on the planet and we, here in the USA can't power much more than a new house or two. Our Bankers, Manufacturing conglomerates and Federal Government are so bureaucratic they can't get out of their own way.
Its simple economics and common sense, but that is something no one learned at the University. Every bureaucrat and government official all the way to Mr. Obama ought to be ashamed of themselves.
My point here is, don't complain about Chinas banking system or Germany's economics, take care of your own house cleaning before looking else where...
We could be using solar generation for half of all the new commercial power needs in the country if someone had a lick of sense...
Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.
Jeremy Briggs of GA @ Apr 23, 2009 07:05:38 AM
Tom in San Diego of CA @ Apr 22, 2009 22:53:00 PM
Back to blog