GREEN POWER is a huge success in Australia, as Alan Jones will learn when his officially mandated re-education begins in earnest, and the proof is in the Heritage Foundation's list of President Obama's subsidies to wind generators, tidal tappers and sundry other schemes to extract electricity from zephyrs and memes. Yes, those outfits have all gone broke, but there was good money for the taking beforehand, including a very generous $170 million in US subsidies to Babcock & Brown.
US taxpayers must be tinkled pink to have played their small part in helping to delay the bankruptcy-bound Australian outfit's appointment with the receivers. After all, no amount is too much to spend for a cleaner, greener world.
Just ask Goldman Sachs alumni Malcolm Turnbull or any other eco-aware merchant banker.