Saturday, Dec. 15, 2012 | 2:02 a.m.
In their Monday column, Jim Rossi and Launce Rake try to justify government subsidies for renewable power by noting recent reductions in the cost of solar panels. But the cost of solar panels does not offset the fact that the price of solar power is three times what it costs for gas-generated power. This means that billions of dollars are about to be added to our electric bills to pay for it.
We would never accept the government subsidizing oil companies to build refineries to produce $10-a-gallon gasoline, so why should we accept subsidizing solar power plants that triple the price of electricity? The media and the public need to wake up. The true costs of solar power are going to be a big negative for our economy.