"It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong." Richard P. Feynman

Sunday, January 15, 2012

Solyandra the tip of the iceberg.

Solyandra the US "clean energy" company which recently went belly-up with half a billion dollars of taxpayer funds is just one of a lengthening list of similar companies in trouble. CBS says at least eleven other tax-payer assisted companies are either bankrupt or in trouble. With Australia about to put 10 billion dollars in a green energy fund I hope that Gillard and her cronies learn from the US experience although their recent performance would indicate that will not happen.

1 comment:

  1. The words "Gillard" and "learn" should not be used in the same sentence.

    If Juliar was capable of learning, she would have learned not to go to an election on the basis of a big promise, then immediately break that promise under pressure from PM Brown.

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