If you don't get the term "crony capitalist" yet, perhaps this story will help.
....the nasty little secret about
renewables is that the sun doesn’t shine enough to make any power 70%
of the time and the winds tend to blow in the spring and fall, which are
periods of low energy demand. Furthermore, sometimes the wind blows and
sometime the sun shines.
This intermittence requires utilities to pay very high fees under the Public Utility Regulatory Policy Act to provide “Qualifying Facilities”
stand-by carbon based power plants that are available to be quickly
cranked-up to maintain the power to their electric grids on a 24/7
basis.
The
California Public Utilities Commission regulation allows full
pass-through percentage markup on all purchased utility costs in the
state. Consequently, it is more advantageous for utilities to pay higher
costs to buy power. This explains why utilities are so enthusiastic to
pay the high subsidized cost of “sustainably” generated power.
Since
battery power has been politically deemed to be “sustainable power”,
SolarCity and Tesla intend to manufacture huge “battery farms” in states
like California that can be recharged at low electrical rates and then
receive fees from utilities as stand-by power sources, regardless if the
battery power is ever used.
Tesla,
SolarCity, and SpaceX are headquartered in California. As CEO, Elon
Musk successfully led lobbying for each of these companies to receive
huge amounts of government subsidies from the state. Having proved that
he is the best CEO at getting subsidies from California taxpayers, Elon
Musk seems to have chosen to switch where he is building his new factory
to Nevada in order to avoid being a taxpayer.
If you STILL don't get it, please: do not vote in any elections. Ever.
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