Watch the Series Preview Here.
Segment #7: Alexiev declares that California is no longer an industrial power. He cites that California businesses that are dependent upon cheap and/or reliable energy that is not available in California. No new computer “chip” plants like Intel, have been built in California due to the fact that we now import 25% of of our energy from coal fire plants in Utah and Oregon. Soon we will be getting energy from Mexico Alexiev says. Google is now one of the largest companies and their headquarters are in Silicon Valley but their “server farms” are warehouses with 10,000 15,000 computer servers that rely upon cheap and reliable energy. Auto plants have left California because cheap or reliable energy available in not available.
Segment #8: Mr. Alexiev maintains that if California were to pursue a conventional energy plan we could return to prosperity. The availability of oil is all around us where huge amounts of oil seep out to the surface of the coastline in Santa Barbara. The oil companies are blamed by residents for the seepage but in fact the seepage is a natural occurrence that has been going on for years. Elitists who have promoted renewable energy, claim it is good or the people to pay more, when it is not necessary.
Segment #9: American people are waking up to the reality. Global Warming is now called “Climate Change” this is due to changing attitudes about subsidizing renewable energy programs. The Solyndra half- billion dollar government guaranteed loan, just before it went bankrupt, has contributed to the awakening in America. There is no longer enough money to subsidize utopian schemes. You cannot continue to subvert the market and hope for prosperity too. Alexiev explains why Warren Buffett got into the subsidized energy business. He says if the government is giving away taxpayers money why not, you cannot loose.