We have just seen the collapse of the financial Goliath that was built by fast-buck bankers and encouraged by altruistic but shortsighted government policies that required banks to make more loans to those least able to repay them, and encouraged passing on these loans as quality investments.
We are now building a second Goliath in the form of irrational investment in wind and solar-voltaic energy. These are intermittent sources of electric power that our grid has no means to store for use when needed. The rush to invest in such irrational alternative energy schemes is driven by the same fast-buck investment bankers and by more altruistic but shortsighted government policies that require us to subsidize the cost of building such intermittent energy sources, and purchase their power output, whether we can use it or not.
This country needs reliable and affordable electric power for our homes and industries, and we have no more ability to make the wind blow or to move clouds when we need electric power than a farmer has the ability to make it rain on parched crops. We cannot afford another Goliath with feet of clay.
David Amsler
Franklinville
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