Solar and wind now are the darlings of "new green economy" advocates for producing solar panels and wind turbines are supposed to replace lost manufacturing jobs from industries such as steel and automobiles. Never mind that solar energy has been shown to have only limited applicability and that the best wind farm in the world only operates 30% of the time. American taxpayers would be better served by being told the truth by politicians, rather than the economic nonsense that surrounds the hype regarding the green economy.

The negative prices appear to be the result of the large installed capacity of wind generation. Wind generators face very small costs of shutting down and starting back up, but they do face another cost when shutting down: loss of the Production Tax Credit and state Renewable Energy Credit revenue which depend upon generator output. It is economically rational for wind power producers to operate as long as the subsidy exceeds their operating costs plus the negative price they have to pay the market. Even if the market value of the power is zero or negative, the subsidies encourage wind power producers to keep churning the megawatts out.

Once a booming industry thanks to sky-high oil prices, the feel-good trend, carbon reduction and subsidies, the financial crisis has pushed investors to give up on green energies, and like the dot-com bubble of 2000, some analysts say it's about to burst. ..."I think economic reality will kill the green industry," said Mr. Buckee, who now lives in Britain and lectures on climate change. Solar energy isn't alone in its woes. Wind, biomass, biofuel and other "clean-tech" companies are getting pasted too as the financial crisis sends investors fleeing from technology names, dries up credit and freezes the IPO market.

When debating wind energy, there is one point we can all agree on: there are sites suited for wind energy and sites that are not. Our beautiful township is not suitable. The moratorium passed unanimously by our Township Council reflects this. One visit here and it will be clear to you. ...The point is, Mr. Smitherman, our main industry is tourism and recreation. Visitors drive for several hours to enjoy the sense of wilderness our beautiful township offers. They come here to get away from industry. Please understand, this township's livelihood and way of life depends largely on the natural beauty of this land.

All speculative bubbles have a kernel of truth behind them to justify their existence. This time around it was China and India. These emerging Asian giants were gobbling up all the commodities the world could produce to fuel their rapid industrialization. It wasn't that the story was untrue; it was old. Growing global demand probably was the reason for the gradual rise in oil prices from $20 a barrel to $40 earlier in the decade, and even to $60 by mid-2005. It was the moon shot to $147 that took on a life, and a litany, of its own.

Obama has put energy policy at the forefront of his agenda. He says that his plan will boost our national security, help us achieve "energy independence," reduce greenhouse gas emissions, and promote job creation. Indeed, Obama vows to create around 5 million new jobs by increasing federal spending on renewable energy sources such as wind, solar, and biofuels. As many experts have observed, the science behind the Obama plan is dubious. ...The renewable energy industry simply does not have the capacity to power large swathes of our fossil fuel-driven economy.

Instead of messing with farms, let's put solar and wind energy facilities where they belong. ...This legislation tries to satisfy one societal need - clean energy - by compromising another - preserved farmland. Perhaps it's easier to place clean power generation facilities on open land than retrofit other sites, but this tendency to look to greenfields to satisfy new development needs is precisely the kind of practice that has brought so much sprawl to New Jersey.

Of the proposals under consideration, at least one would be off the coast of Ocean County, 18 miles from Long Beach Island. Although a study prepared for the BPU noted the impact of wind farms off the Jersey coast on the fishing and tourism industries would be temporary and relatively minimal, it indicated there was far greater sensitivity to the visual impact of wind farms in Ocean County than in Cape May and Atlantic counties. The BPU should take that into account. ...The projected loss of tourism revenue would drop off dramatically if wind farms were located 6 miles or more off the coast.

The Wall Street Journal recently noted that increasing wind power to 20 percent in the next two decades alone would require a $2 trillion investment. Energy costs already strain household budgets, especially those of lower-income families and individuals. This year, U.S. households bringing home less than $50,000 a year - that is, half of households - will spend a quarter of their after-tax income on energy, double the percentage they spent in 2001.

A landmark court ruling has ordered that Jane Davis be given a discount on her council tax because her £170,000 home has been rendered worthless by a wind turbine 1,000 yards away. This is effectively an official admission that wind farms, which are accused of 'spoiling countryside views and producing a deafening roar', have a negative effect on house prices. ...One of these impacts is of course safety. In June this year a 16-foot wind turbine blade smashed through a farmhouse roof in Northern Ireland as the farmer and his family slept inside.

Whether the reports of health hazards are true or not is almost irrelevant. Just the fact that many people are truly concerned about the potential health effects of living near a wind farm, or the electromagnetic radiation from high voltage electrical wires, is reason enough to try to avoid buying a property that is close to power lines. It's a simple law of economics: As demand for a product goes down, so does its price. When you have a certain number of people avoiding a certain property, for whatever reason, the price of that property will be negatively affected.

Creating a welfare-dependent industry in the province may benefit the backers of these projects, but the potential cost to taxpayers is huge, and the outlook for an unsubsidized industry is grim. ...The wind power industry in Canada gets a federal government subsidy of $10 per megawatt hour. But B.C. consumers can expect to dig deeper. The cost of electricity from wind power is about $71 per megawatt hour. That compares to about $48 for natural gas and $25 for electricity produced from B.C.'s heritage hydro assets.

When Young County commissioners began discussing details of the abatement with special counsel Alan Carmichael last week, the majority seemed very interested in finding a way to maximize the amount of money Young County stands to bring in if the farm is built. While that makes perfect sense up front, it could prove perilous to the entire project. With several other counties vying for wind farms from BP, it may not take much to sway the company one way or another. In Archer County, rumor has it that commissioners are planning to agree exactly to the proposal made by BP.

Iberdrola of Spain, owner of Elk River, realized over $9.9 million in PTC allowances in 2007. Foreign companies are not regulated by the Kansas Corporation Commission. There are no state or federal regulations of any kind on WECS. Few Kansas counties have wind regulations. WECS will force consumers to pay for their electricity three times; to build the WECS, build conventional power as backup, and additional transmission lines to carry power from the WECS to the grid. WECS will not produce large economic benefits to a community as evidenced by records from Gray County (Montezuma), or Butler County (Elk River). Elk River has produced seven jobs. Most employees live outside the community.

The financial boon from the Maple Ridge Wind Farm in Lewis County is undeniable. ...the Maple Ridge Wind Farm fell within an Empire Zone, which allows businesses within the zone to be reimbursed for their property taxes and make the projects more affordable to developers. The reimbursement enabled the several local governments to receive tax benefits and payments higher than might be expected. But wind farm supporters in Jefferson County will be disappointed if they expect to see similar benefits to their municipalities and school districts. The proposed projects are not in any Empire Zone now.

The issue of constructing these 500 kV power lines is being fought throughout the country. Debates and litigation are ongoing in Virginia, Pennsylvania, California, Florida and Canada. The issue relates to the fact that these transmission lines are of a size and strength few have seen. At the Montville meeting, PSE&G was unable to address the mayor's desire to drive within one to two hours and see these proposed 190-foot towers. I accept the fact that when I purchased my home three years ago it was near a current right of way, but the idea that towers can go from 85 feet up to 190 feet without any impact on my property value is ludicrous.

...to think that wind turbines are going to offer a long-term stimulus for tourism revenue is foolish. These giant wind turbines are a novelty to Michiganders right now. But as time goes by, the novelty will wear off. And as more and more wind turbines are built, there will be more and more people living here and paying the price for this "green" energy. ...and those living in the Thumb with these wind turbines towering over their homes will pay again in loss of property value and quality of life.

But before you go all wacky for wind power, certain opposition groups like the Industrial Wind Action Group and National Wind Watch want you to hear their side of the story. Their claims are more than just not-in-my-backyard, wet-blanket-complaints. They believe the wind energy industry is spinning lies along with the turbines, luring large public subsidies for a system that is, at best, secondary to fossil fuels.

The phrase "green-collar" jobs is now de rigeur for any candidate or activist seeking to justify renewable-energy mandates and other environmental regulations. Such mandates, they claim, will lead to a revolution (or "envirolution") in our economy, creating new jobs and making us all more prosperous. They understand that people are justifiably nervous about the costs of such rules, especially in a time of economic uncertainty. The problem is that claims about new jobs are simply false. Two recent critiques of our work demonstrate clearly how advocates of green jobs mistake more jobs in one sector for more jobs overall.

Governor Corzine's energy master plan for New Jersey calls for a reduction of 20 percent in energy consumption by 2020. It also proposes that by that same year, just 12 years hence, 22.5 percent of the state's electricity should come from renewable sources, chiefly wind and solar, up from 2 percent now. Further, New Jersey emissions of greenhouse gases should be reduced by 20 percent. These goals are remarkable. Energy use has been growing steadily. Nearly half the state's power plants are 30 years old or older. Some will have to be replaced, sooner or later. ...Some interesting things are happening, but as for the 2020 goals set by Corzine, he, and we, had better not get our hopes up.