Economist Dean Baker takes confused New York Times columnist David Brooks to the woodshed this morning for his partisan and inaccurate attack on clean energy and global warming.
Brooks tries to attack the Obama administration for its investments in green energy and then, as “evidence” that the investments have “failed,” states that there’s an oversupply of solar panels and that their price has fallen dramatically.
But, as Baker notes, that was one of the main objectives!
“Wow, what a disaster! Prices of solar panels have fallen by three quarters in 4 years. Those people in the Obama administration must feel really stupid. They thought their clean energy program would make alternative energy competitive, but look now, prices of solar panels fell by 75 percent in four years. Read more