Friday, February 27, 2015

The Way Subsidies Work is they Tax the Poor to Make Solar Panels and Electric Cars Available to the Rich

Thanks! People don’t realize that these so-called renewables move forward coal and natural gas use (so more is extracted and burned), and take oil use that might be used for other purposes. EROEI calculation using standard EROEI factors don’t come anywhere close to showing how much energy really goes into making and transporting them and their backup devices. People think that there is “net energy,” when really there isn’t. The way subsidies work is they tax the poor to make solar panels and electric cars available to the rich. The system makes people think there is a solution, when there isn’t. - Gail Tverberg
A taxation of the poor

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