Private sector makes same mistakes with 'clean tech' as Obama

Opinion Journal:

Silicon Valley's Green Energy Mistake

Green flops abound.  Companies that have made it to the IPO stage have seen their value shrink considerably in a matter of months.  Green energy has to be one of the worst investments since Enron and Berny Madoff.

At its heart, so called green energy is too inefficient to compete. The products based on it such as electric cars give you a few miles of transportation for several hours of overnight charging.

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