U.S. taxpayers are helping canadian *green energy* companies to fail!!!!

robert38-55

The citizens of the USA are never going to win are we?

http://conservative-outlooks.com/2011/11/10/taxpayer-now-helping-canadian-green-energy-companies-to-fail/

Make_My_Day

Not until America shovels the Progressive BS out of the government.

alphasigmookie

Robert, you make a lot of thoughtful posts, but this just isn't one of them. This isn't a "green energy" project it is a transmission project. It is designed to connect the grid in Montana to Alberta so power can be sold both ways across the boarder. I don't know if you've ever tried to build a transmission line or a pipeline or just about any infrastructure project that is going to cover a large area, but cost overruns happen, privately or publicly funded.

alphasigmookie

No taxpayer funding here, just poor economic timing by a private business, but looks like even dirty old coal plants aren't immune from cost overruns and non-competitive pricing:

http://www.startribune.com/business/134647533.html?page=1&c=y

Teach

alphasigmookie wrote: »

This isn't a "green energy" project it is a transmission project.

You're cherry-picking "facts" as usual - - - - - -it's a transmission line from a wind farm. Wind power is totally unreliable and irrelevant, as every wind generator has to have an alternative power source operating in "spinning reserve" status to take over instantly in case the wind quits suddenly. Basically, that means a hydro, or maybe a fossil-fuel generator has to be in operation, but not loaded, to back up the wind machine. The greenies conveniently forget to mention that little fact, or more often they just lie about it when they're pushing their "alternative" power schemes.
Jerry

robert38-55

Teach wrote: »

You're cherry-picking "facts" as usual - - - - - -it's a transmission line from a wind farm. Wind power is totally unreliable and irrelevant, as every wind generator has to have an alternative power source operating in "spinning reserve" status to take over instantly in case the wind quits suddenly. Basically, that means a hydro, or maybe a fossil-fuel generator has to be in operation, but not loaded, to back up the wind machine. The greenies conveniently forget to mention that little fact, or more often they just lie about it when they're pushing their "alternative" power schemes.
Jerry

Thanks Teach!!!!!!!!!!!!!!!!!!!!!!!! And not only that the article says its two years behind and in FINANCIAL TROUBLE TOO!!!!!!!!!!!!

alphasigmookie

The agency that is providing the loan for this is in charge of marketing power for the nation's federal hydropower facilities. They benefit from wind being on the grid since they have the complementary hydro power to sell when the wind isn't blowing. They also benefit from expanding the grid into Canada because it increases their potential market for power sales.