Solar Power Subsidies

EIN News says, "Spain's Solar-Power Collapse Dims Subsidy Model. Spain's hopes of becoming a world leader in solar power have collapsed since the Spanish government slammed the brakes on generous subsidies. The sudden change has rippled across the global solar industry, in a warning of the problems that government-supported renewable-energy programs can encounter. (wsj.com)".
They are two aspects to consider in this report; government subsidies and solar power.
Congratulations to the Spanish government, as they realize the untenable position they had previously placed themselves in with respect to generous subsidies. There is only a certain amount of money to go around, and it is Government's responsibility to allocate it properly for society's benefit. Fundamental to this concept is protection against foreign military aggressors, maintenance of civil law and order and other responsibilities designated by the Constitution and its original Amendments.
Some persons believe that there is no limit to availability of funds for Government use. Tax profits or take the total assets from those who have it. Sources would be individuals and corporations. The problem is that in so doing, this would be the killing of the geese that laid the golden eggs. We have seen excessive spending on subsidies, promoted by the Administration and approved by Congress. There's no question that this will lead to disaster. I urge Congress to follow Spain's initiative and "dim the subsidy model".
There is a place for solar power. The conversion rates of solar energy per square meter to electricity have been substantially increased by technological improvements. They may continue to do so. However, this is an operation which should be geared to private enterprise; not to government subsidy. We have an energy problem in this country and will always have. Private industry has the capability of maintaining a reasonable balance between needs (desires) and supply. The difficulty has been the many restrictions placed on private industry by local, state, and federal governments. Government continues to pass restrictive legislation for private industry, with no attempt to remove restrictions. This should be a major revolution of Government.