Green Energy – The Greatest Transfer Of Wealth To The Rich In History

Excellent read. Why are facts and data so hard to reconcile, or even deal with, for the ideologically-obsessed Left?

Warren Buffett sums up the UNreliables scam succinctly, here

“We get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.” – Warren Buffett

PA Pundits International

By Steve Goreham~

We are in the midst of history’s greatest wealth transfer. Government subsidized support for wind systems, solar arrays, and electric vehicles overwhelmingly benefits the wealthy members of society and rich nations. The poor and middle class pay for green energy programs with higher taxes and higher electricity and energy costs. Developing nations suffer environmental damage to deliver mined materials needed for renewables in rich nations.

Since 2000, the world has spent more than $5 trillion on green energy. More than 300,000 wind turbines have been erected, millions of solar arrays were installed, more than 25 million electric vehicles (EVs) have been sold, hundreds of thousands of acres of forest were cut down to produce biomass fuel, and about three percent of agricultural land is now used to produce biofuel for vehicles. The world spends about $1 trillion per year on green energy. Government subsidies run about…

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