{"id":6,"date":"2009-12-22T14:43:36","date_gmt":"2009-12-22T14:43:36","guid":{"rendered":"http:\/\/mauritiustimes.com\/mt\/2009\/12\/22\/green-energy-as-brought-to-you-by-crony-capitalism\/"},"modified":"2009-12-22T14:43:36","modified_gmt":"2009-12-22T14:43:36","slug":"green-energy-as-brought-to-you-by-crony-capitalism","status":"publish","type":"post","link":"https:\/\/www.mauritiustimes.com\/mt\/green-energy-as-brought-to-you-by-crony-capitalism\/","title":{"rendered":"Green Energy, as Brought to You by Crony Capitalism"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"color: #000000;\"><strong><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><span style=\"text-decoration: none; text-line-through: none;\">Green Energy, as Brought to You by Crony <span style=\"text-decoration: none; text-line-through: none;\">C<span style=\"text-decoration: none; text-line-through: none;\">apitalism<\/span><\/span><\/span><\/span><\/strong><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"color: #000000;\"><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\">\u00a0<\/span><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"color: #000000;\"><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><span style=\"text-decoration: none; text-line-through: none;\">Writing in <\/span><\/span><em><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><span style=\"text-decoration: none; text-line-through: none;\">New York Times<\/span><\/span><\/em><\/span><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><span style=\"text-decoration: none; text-line-through: none;\"><span style=\"color: #000000;\">, Doreen Carvagal raises the alarm about how the &#8220;freewheeling approach of the fast-evolving energy industry is luring a rogue\u2019s gallery of corrupt poli<\/span><span style=\"text-decoration: none; text-line-through: none;\"><span style=\"color: #000000;\">ticians and entrepreneurs trying to literally create money out of thin air.&#8221; Furthermore, Andrew Campanelli, a forensics investigator for Deloitte Financial Advisory Services in New York, states: \u201cIn a down economy, individuals might be more inclined to ne<\/span><span style=\"text-decoration: none; text-line-through: none;\"><span style=\"color: #000000;\">ed more cash. They might look at green energy as a mechanism to use ill-gotten funds.\u201d  <!--more-->  <span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><span style=\"text-decoration: none; text-line-through: none;\"><span style=\"text-decoration: none; text-line-through: none;\"><span style=\"text-decoration: none; text-line-through: none;\"><font color=\"#000000\"> <\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"text-decoration: none; text-line-through: none;\">Eco-warrior Ashok Subron and crusader Jack Bizlall have time and again exposed the shady character of similar accords with hardly any echo elsewhere &#8211; with the notable <span style=\"text-decoration: none; text-line-through: none;\">exception of the <\/span><\/span><\/p>\n<p> <\/font><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><span style=\"color: #000000;\"><em><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><span style=\"text-decoration: none; text-line-through: none;\">Mauritius Times<\/span><\/span><\/em><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><span style=\"text-decoration: none; text-line-through: none;\">, Deepa Bhookhun and Nicholas Rainer of <\/span><\/span><em><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><span style=\"text-decoration: none; text-line-through: none;\">l\u2019express<\/span><\/span><\/em><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><span style=\"text-decoration: none; text-line-through: none;\"> and a few others. We are being sold scaremongering for instant gratification. No wonder fiscal incentives on electric cars, photovoltaics and so on are so mired in trivialiti<span style=\"text-decoration: none; text-line-through: none;\">es and no coherent strategy is on offer. Ethanol production, solar energy systems and wind farms are glaring examples of eco-bandwagonning where we might well end up paying, yet again, a higher price dictated by rent seekers.\u00a0<\/span><\/span><\/span><\/span><span style=\"color: #000000;\"><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\">\u00a0<\/span><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\">\u00a0<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"color: #000000;\"><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\">\u00a0<\/span><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><strong><span style=\"font-size: 10pt; font-family: Verdana; text-decoration: none; mso-bidi-font-size: 18.0pt; mso-ansi-language: EN-GB; text-line-through: none;\" lang=\"EN-GB\"><span style=\"text-decoration: none; text-line-through: none;\"><span style=\"color: #000000;\">Samad Ramoly<\/span><\/span><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Green Energy, as Brought to You by Crony Capitalism \u00a0 Writing in New York Times, Doreen Carvagal raises the alarm about how the &#8220;freewheeling approach of the fast-evolving energy industry is luring a rogue\u2019s gallery of corrupt politicians and entrepreneurs trying to literally create money out of thin air.&#8221; Furthermore, Andrew Campanelli, a forensics investigator [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6],"tags":[],"class_list":["post-6","post","type-post","status-publish","format-standard","hentry","category-latest-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8QzSF-6","_links":{"self":[{"href":"https:\/\/www.mauritiustimes.com\/mt\/wp-json\/wp\/v2\/posts\/6","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mauritiustimes.com\/mt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mauritiustimes.com\/mt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mauritiustimes.com\/mt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mauritiustimes.com\/mt\/wp-json\/wp\/v2\/comments?post=6"}],"version-history":[{"count":0,"href":"https:\/\/www.mauritiustimes.com\/mt\/wp-json\/wp\/v2\/posts\/6\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.mauritiustimes.com\/mt\/wp-json\/wp\/v2\/media?parent=6"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mauritiustimes.com\/mt\/wp-json\/wp\/v2\/categories?post=6"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mauritiustimes.com\/mt\/wp-json\/wp\/v2\/tags?post=6"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}