Well the bottom of the market fell out of solar panels so I wouldn't blame it entirely on MA. I believe Spain one of the major consumers got their heads of their ass and realized how expensive it was.
Having said that this situation is could be the poster child of what is wrong with this green movement and to some extent this country.
Here's some facts:
- This company would not exist except for the massive federal subsidies given to solar and other renewable markets because they would not have a market for their product because it's too expensive. That's in addition to the state incentives mentioned in this article.
- If the energy bill passes as it is now these systems will mandated,maybe not these particular systems but some form of renewable energy and they are all expensive. You will pay for them whether it's through your electric bill , taxes or whatever the case may be.
- Your tax dollars are in effect going to subsidize a Chinese product, that's the bottom line.
- Lastly they will be built in country that so far has no intentions of reducing their own greenhouse gases but instead is rapidly expanding the use of coal and other fossil fuels because it's cheap.
So we'll be buying solar panels from the Chinese subsidized by our own tax dollars so we can have more expensive electricity. In the meantime they reap enormous profits and keep on building coal fired power plants ironically to build solar panels to ship here.
Yea, that makes sense.