A Venn diagram is a tool for visually demonstrating the relationships between different sets of things. Using these diagrams, we can quickly see what aspects of the things we're comparing are common between the sets we're comparing, as well which aspects are not common.
With that in mind, here is our Venn diagram showing the relationship between "Green Energy" companies, and "Energy Companies That Don't Need Constant Government Subsidies To Stay Afloat":
We note that there is a small area where the groups overlap, but otherwise, the two groups have little in common....
Need proof? Here's a starter list of recent or pending "green energy" business failures, all of which feature companies that have received substantial backing from the U.S. Department of Energy or other government entities, which have strongly favored such companies in recent years:
- Abound Solar Manufacturing
- General Motors
- First Solar
- Bright Automotive
- Energy Conversion Devices
- Evergreen Solar
- Ener1
- Fisker Automotive
- AES Eastern Energy
- Beacon Power
- Stirling Energy Systems
- Evergreen Solar
- Spectrawatt
- Solyndra
Why, it's almost as if the only reason someone would form a "green energy" company is to try to cash in on government subsidies being blindly dished out by the U.S. Department of Energy, rather than try to establish a sustainable business!
P.S. Note that many of the links above are from February or March 2012. This listing will only get longer....
P.P.S. Warren Meyer offers more insight into whose investment portfolios are really benefiting from largess using taxpayer dollars....
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