Insight Worth Noting from the Economist
10/18/2012 1 Comment
The system therefore relies on a panoply of subsidies which, as night follows day, has produced an enormous industry to compete for them—wind and solar firms, lobbyists, NGOs and politicians. The entire renewables sector, Mr Helm argues, has become an orgy of rent-seeking.
An CARB is more than willing to drag the tax and rate payers of California into this rent seeking orgy.