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re: I have someone trying to pitch me on Solar Farms...
Posted on 9/14/22 at 11:10 am to fightin tigers
Posted on 9/14/22 at 11:10 am to fightin tigers
These companies are preying on land owners. They are locking up land with 25-30 year leases but all they are really farming is “carbon credits.” As soon as the subsidies dry up(the only thing that’s making these ventures profitable), they will vanish. They are double dipping, selling the power and getting the subsidies. I would highly advise against this unless the land isn’t viable for anything else.
The solar panels being made today will be obsolete in 5 years, just as the ones manufactured 5 years ago don’t generate the same KWhs as ones today. These companies aren’t going to be upgrading these panels. They are grabbing as much government money as they can while our government is run by crazies.
These companies are all shell companies that will be defunct in a few years when the subsidies are gone and you will be left with an eyesore of useless land.
The solar panels being made today will be obsolete in 5 years, just as the ones manufactured 5 years ago don’t generate the same KWhs as ones today. These companies aren’t going to be upgrading these panels. They are grabbing as much government money as they can while our government is run by crazies.
These companies are all shell companies that will be defunct in a few years when the subsidies are gone and you will be left with an eyesore of useless land.
This post was edited on 9/14/22 at 11:12 am
Posted on 9/14/22 at 11:22 am to SugarCane318
Also, another red flag that should make you stop and think…
Why are they being so aggressive in a state that is cloudy 100 days a year?
They are farming taxpayers, not energy.
Why are they being so aggressive in a state that is cloudy 100 days a year?
They are farming taxpayers, not energy.
Posted on 9/14/22 at 12:01 pm to SugarCane318
quote:
They are locking up land with 25-30 year leases but all they are really farming is “carbon credits.” As soon as the subsidies dry up(the only thing that’s making these ventures profitable), they will vanish.
I don't agree that subsidies are going to drive the carbon market in the future because the voluntary market will keep growing. But it is important to remember that carbon is a commodity so it's prone to commodity cycles especially as supply comes online all over the world.
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