Comment Re:Minimal ghg impact (Score 3, Interesting) 314
I looked at several ethanol proposals back in the 2000's, every single one I took a pass on investing in because it was obvious that I would loose my shirt the second the government pulled the rug. These things, just like wind, have never been or never could be profitable without the subsidy. Anyone who was dumb enough to invest in these things deserves to lose their shirt. I completely gave up on renewable energy in 2008 when it was clear to me that no one wanted real solutions, just government handouts. I saw several technologies and processes never built because they were profitable on their own and everyone wanted something with a government handout attached.
Another major issue is with renewable power generation that isn't wind or solar. I can list off 10 projects that the utilities conspired to kill because they would be able to drive down the price of electricity in an area forcing them to shut down their legacy generation due to oversupply. The wind/solar mandate is the culprit in many of these cases as they have no choice but to buy X amount of wind/solar and they have to buy at the public market (electricity is traded electricity on a market based system in regional markets) so anything other than what they have and the feds require is a major threat for them.