Solar Power From The Moon

Look up tonight and see the moon and consider why we are not doing anything with it. Sure it is hundreds of thousands of miles away and nobody could live there but it does seem that while we have an energy crisis here on Earth, there is a massive rock a third of the size of the Earth being bathed in sunlight and we have the technology to collect and turn that into electricity so why are we letting all that solar power go to waste?   
There has been tentative talks about building some sort of Dyson Sphere around our star to harvest its power but it is 92 million miles away compared to the Moons 250,000 miles and as yet we haven't got anything that wouldn't become a crisp whenever it got close so when the Government today announced
millions of pounds of investment to develop new technology that generates solar power from space i assumed he was nicking my idea for solar panels on the Moon which would be far more efficient on the moon than on Earth but what he actually meant was solar panels attached to satellites which then beam it back to Earth using wireless technology which could generate a quarter of the UK's power needs.
The Institute for Public Policy Research (IPPR) think tank are asking why the Government is looking at Space rather than spending the millions developing more wind, tidal and solar in the UK and only they know the answer to that but as usual while we are still thinking about it the Chinese have put it into
practise with the Luna Ring Project.  
They plan to launch small solar power stations into the stratosphere by 2025 as well as install a line of solar panels around the Moons equator which is then transmitted to earth using a microwave laser beam which is converted to electricity in the earth-based energy conversion base and distributed to the power grid.
I did suggest doing this on this blog in 2009 but it seems only the Chinese reads Falling On A Bruise so we missed out again, people should really listen to me!