Remember the saying, just because everyone else is doing it doesn’t mean you have to do it, or the question, if all your friends were jumping off a cliff, would you do the same?
That question implies that being a follower is not always the best thing to be. It’s not only a good question to ask a friend, but the government as well. Even the President.
Putting America on a strict diet to only consume renewable energy in order to cut down on greenhouse gases is not a new trend. In fact, this diet Barack Obama fully supports has left some European countries sick and ailing.
European countries began government-sponsored renewable energy programs in the early to mid 2000’s; Obama began implementing similar ones in America when he took office in 2009. He was confident, and maybe still is, that countries like Spain, Germany and Italy had the right idea.
The economies of these countries are now in a very bad place because each of those governments pushed its involvement in renewable energies to the point of destroying job markets, small businesses, economies and citizens’ lives.
“We see time and time again that when the government gets involved in the free market, it does more harm than good,” says Bill Wilson, president of Americans for Limited Government (ALG). “We are seeing this play out in countries like Spain and now our government is jumping on board and leading America down the same path.”
A Wall Street Journal article taps into the reality of what Spain, Germany and Italy are dealing with after failed attempts by their governments to move these countries toward a dependence on renewable energy.
The article states that many European governments promoted generous subsidies to the renewable-energy market with the hope of meeting the European Union’s goal to have at least 20 percent of its energy come from forms of renewable energy before 2020.
That was before the financial crisis of 2008.
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