"Technologies that show promise but are not yet as economical as dominant commercial players are precisely the ones that need government backing. "
I wouldn't disagree with this if government were honest, efficient, and most importantly, in the black. However, since none of these are the case, let private industry do the heavy lifting. J - Ninety percent of politicians give the other ten percent a bad reputation. - Henry Kissinger Politicians are people who, when they see light at the end of the tunnel, go out and buy some more tunnel. - John Quinton On Wed, Aug 17, 2011 at 12:53 PM, Judah McAuley <[email protected]>wrote: > > Technologies that show promise but are not yet as economical as > dominant commercial players are precisely the ones that need > government backing. If they were as proven and cheap as existing > commercial options, they wouldn't need any help (not that it doesn't > prevent the government from handing out much largely subsidies to the > petrochemical industry but that is another matter). > > Government has a compelling interest in the end results of the > adoption of these technologies (lower carbon emissions and less > dependence on a resource with scarcity). By providing early subsidies > for the adoption of the technologies, they help decrease the unit cost > of the technologies while simultaneously enhancing economic prospects > in their local area. As energy options like solar, wind, geothermal, > etc become more mainstream, the unit cost will decrease to at or below > that of oil and coal and eventually stabilize their places in the > overall energy supply matrix. > > Judah > > On Wed, Aug 17, 2011 at 7:42 AM, Jerry Barnes <[email protected]> wrote: > > > > "It is just baffling to me why any form of energy that is not based > > on petrochemicals gets a bad rap." > > > > Saying that wind power is not yet economically feasible is not giving it > a > > bad rap. It's just the way it is. Maybe one day the manufacturing and > > maintenance costs will be low enough to justify mass use of wind power. > > Until then, they are not economical. > > > > > > "Does the Petrochemical industry have that good a propaganda machine?" > > > > I don't know who this is directed at. I have not endorsed, nor will I, > the > > petrochemical industry. > > > > Though, hindsight being 20-20, I wish I would have invested when W. was > > elected and sold when O. was elected. I mean, hello. Bush, oil. > Obvious > > in hindsight. Same goes for gold when the US invaded Iraq. Since I am > not > > a professional investor, it is understandable that I missed these. That > > doesn't explain why the people in charge of my portfolio missed it. They > > are "professionals". > > > > J > > > > - > > > > Ninety percent of politicians give the other ten percent a bad > reputation. - > > Henry Kissinger > > > > Politicians are people who, when they see light at the end of the tunnel, > go > > out and buy some more tunnel. - John Quinton > > > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:341647 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
