Renewable energy is about to enter a sharp period of decline. Funding Agencies are now noticing the expanding bubble. Glenn Reynolds: DO TELL: Suddenly, the Solar Boom Is Starting to Look like a Bubble.
[…]But investors are not feeling the love. This week shares of U.S. solar leader SolarCity tumbled to a new low, while several other solar companies also took a pounding. Last month Nevada introduced sharp cutbacks in its program for net metering—the fees paid to homeowners with rooftop solar installations for excess power they send back to the grid. California and Hawaii, two of the biggest solar markets, have introduced changes to their net metering schemes as well. Across the country, as many as 20 other states are considering such changes, which would dramatically alter the economics of rooftop solar […]
Sarah Hoyt, also at Instapundit adds: IT’S TAX CONS ALL THE WAY DOWN: Revealed: the great wind farm tax…
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