Los Angeles Unveils World’s Largest Solar Plan
San Francisco is usually designated the green capital of California, but now LA is trying to take the City by the Bay’s crown with the world’s largest solar plan. Yesterday, Mayor Antonio Villaraigosa announced a long-range plan to gather enough solar power to meet 10 percent of LA’s energy needs by 2020. This will be a major upgrade for the city, which currently derives less than 1 percent of its energy from solar power.
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The ambitious plan requires enough solar panels to produce 1,280 MW of power. Villaraigosa’s plan will require the use of both public and private facilities to generate power— and will cost LA residents approximately 2 dollars a month once it is completed.
The majority of the plan’s power (500 MW) will come from private facilities in the Mojave Desert, while 380 MW of power will come from small programs.
Despite the good intentions behind the solar plan, critics worry that the measure will increase the price of solar energy. However, pricing may even out with coal when a carbon tax is passed in the United States.
Photo Credit: Fareastgizmos.com
Well I’m glad I bookmarked this.
I can see you are trying to find a contradiction in my views. Unfortunately, you are going to need to go a heck of a lot deeper than that. I’m an anarcho-capitalist. I believe the necessity of the state is a myth perpetuated by the few who benefit from its existence. So yes, those “public” “services” are something I object to. And yes, I object to government funding of nuclear power too. That doesn’t mean nuclear power isn’t our likely best option though, because you are not considering the fact that the entire energy industry landscape is warped with government interference.
As per the credit crunch; if you think it is a function of short sighted investors you are sadly mistaken. There are many superficial reasons for it happening, but the underlying reason is the same as it was for every other fluctuation in the business cycle - fractional reserve banking and central banking. Although technically with a fiat currency we are basically no-reserve banking. Look up the Austrian theory of the business cycle. They had this shit explained a very long time ago. Even predicted this crisis. And the Great Depression.
http://en.wikipedia.org/wiki/Austrian_Business_Cycle_Theory
Not a bad elaboration for wikipedia actually.
[...] it’s just me. But it seems like you can’t crack open a clean tech blog these days without uncovering a post on The World’s Most Super Duperest Solar Project [...]