By Michelle K. SmithThe Wall Street Journal, March 18, 2018: In an interview with CNBC on Monday, the founder and chief executive officer of the company that makes solar panels said that while he understands the need for a solar panel to provide energy for homes and businesses, he worries about the economic impact of solar panels that will ultimately lead to more carbon dioxide emissions than the electricity they produce.
“I think it’s insane,” Michael F. Lee said in an interview on CNBC’s “Squawk Box.”
“I don’t know what the long-term impact is.
The company is building a $3 billion solar project in Washington state. “
The future is not here,” he said.
The company is building a $3 billion solar project in Washington state.
Mr. Lee, who founded Terra Tech in 2008, said his company was not involved in the financing of the $300 million solar project that the state is considering in Olympia, Wash.
He said he is not concerned about any potential negative effects of solar panel use.
He also said the company’s work with the Federal Energy Regulatory Commission to develop a carbon capture and storage technology will lead to a higher-priced solar system.
He did not say how much solar panels could be produced using the technology.
“It’s the right thing to do.
It’s the best thing to have,” Mr. Mr Lee said.
“You want to keep a carbon footprint low, so you want to have something that is sustainable.”
He added that solar panels are not the only energy source available. “
That’s all the technology that we’re working on,” he told CNBC.
He added that solar panels are not the only energy source available.
“There are lots of other options,” he added.
Mr Murray said Terra Tech has built a solar farm in Oregon that is “100 times more efficient than what they’re building.”
Mr Murray also noted that the company had received several offers to build a solar system in New York City.
“If they had built a project in New Mexico, we’d have gone out of business,” he continued.
Mr Howard, who joined Terra Tech from Sungevity, a company that provides solar panels to commercial and residential customers, also took issue with the fact that a number of large utilities have rejected the company.
“We’re getting the calls every day,” Mr Howard said.
He cited a report from Bloomberg that said the utility companies in North Carolina and Indiana are considering banning solar panels.
“They’re going to take our business away,” Mr Murray continued.
“And I think the same thing is going to happen to us if we build our business anywhere else.”
Terra Tech’s Lee said that Terra Tech had been working on its solar project for about a year and that the plan was to install panels on the roof of a vacant house on a residential block in the northern part of the state.
The solar panel system will use a combination of energy from a rooftop solar panel and a solar tower that will be installed in a parking garage, Mr Lee added.
“This project is really an investment in the future,” Mr Lee told CNBC, adding that the solar panels will also be used to generate electricity for the solar system itself.
Mr Chu said TerraTech was “looking at everything” about the project and that he “doesn’t want to put anything in place that could be detrimental to the environment.”
He also noted Terra Tech was “the first and only company to install a solar roof system in the U.S.”
Mr Lee dismissed the Bloomberg report as a “stunt.”
“They have been in a lot of trouble, but I’ve never seen any reports of a company getting into trouble for any of this,” he noted.
Mr Chan, the president of the Solar Energy Industries Association, a trade group, called the Bloomberg article “a complete waste of time.”
He said that the industry is focused on addressing greenhouse gas emissions, not on the costs of solar.
“In the U, we’re going backwards.
Solar is not the solution,” Mr Chan said.
Mr Yang, the solar energy industry lobbyist, called on Mr Lee and Mr Chu to reconsider their position.
“Let’s just take a step back and make sure that you are taking the correct actions,” Mr Yang said.
In an email, Terra Tech said that “the project is on hold as of this time.”
TerraTech declined to comment further.