Steve,
Big Oil rants...where? These are facts. They are available on Yahoo Finance...or any financial engine. I currently have no skin in the game with XOM or CVX, the two companies I have cited. The facts are these companies make good rate of return but XOM under preformed the market this past year...gaining only 4 to 5%...S&P 500 gained 26.5%. The rant is Sierra Nevada's, who wants to extraordinary measures against these companies. He has stated they make too much money and he uses a stupid metric...a raw number, I hope his day job isn't money management. His rant continues with the $4 bln tax breaks for the oil companies...I asked numerous times what are these breaks and how do the differ from what other companies get. He refuses to back up rhetoric with anything factual. What exactly are pictures with kids extolling solar? Rant? I think so...but that's me.
I will state it again, I am not against solar...I am against subsidizing it. This is an inefficient us of capital and will lead to an exodus of jobs...not buggy whip jobs, to places that produce cheap power. We do not live in a vacuum...for every action there is a reaction.
Actually Steve, energy is a commodity, try putting strictly renewables into your home, or domestic gasoline into your car. Inexpensive energy does benefit the least fortunate among us. How does this subsidize thingy work...just see how it benefits Elon Musk and Tesla and the buyers or these vehicles. See this WSJ piece
http://tinyurl.com/msevm7g It ain't the Joe Two and half buck chuck who is get rich off these subsidies. Road blocks to economic activity general reduced business...see jobs and business start ups. See Hollywood going elsewhere to produce films. Increase cost of power is a road block.
As for your last paragraph, why don'cha go down to your local Toyota dealer and demand you pay full MSRP for a Cambry with all the bells and whistle then demand to accept delivery on a stripped down Carolla. That is what you are asking of the public to do with your not ready for prime time energy source.
