by Mike Gray
At The Freeman, William Anderson tells us about a whole new economic sector that depends on failure:
Keynesians and semi-socialists claim that “clean energy” will create jobs and net economic growth. From Al Gore to the New York Times, “green energy” is almost religious in scope, as advocates claim that not only will it give us better air and weather, but it also will be a fundamental building block of economic recovery. To speak out against this is tantamount to treason in some quarters . . . .
. . . . As Robert Bryce notes in his eye-opening book, Gusher of Lies, much of what proponents claim about these “new technologies” not only is untrue but will remain untrue because of the first and second laws of thermodynamics: The laws of science stand in the way of these projects ever becoming profitable on their own, and Congress cannot repeal either economic or scientific laws.