> >Imagine how much further we could be in alternative energy/fuels, > >gaining independence from the oil cartel, if our government subsidized > >development in that area versus waging war...
> Subsidies undoubtedly have a role to play but Silicon Valley venture > capitalists, Vinod Kosla, Bill Gates, the Google guys, GE, Dupont, BP, GM, > Midwest farmers and many others are spending a fortune on alternative > energy. Not nearly 1.2 TRILLION dollars... I believe the total is more on the magnitude of 590 million: http://sciencecareers.sciencemag.org/career_development/previous_issues/articles/2006_07_14/financing_your_research_in_alternative_energy "The combination of government incentives plus the rise in worldwide energy costs have created a buzz for alternative energy in the investment community. The Renewable Energy Policy Network estimated that in 2004, investments in renewable energies worldwide totaled some $30 billion. The report credits incentives from government, like those in the Energy Policy Act of 2005. The Environmental Entrepreneurs group reported $590 million in alternative energy-related venture-capital investments in 2005. " Old source, but still nothing close to 1.3 TRILLION dollars... > Of course the biggest potential to free the planet from fossil > fuels is nuclear power and there hasn't been a reactor built in the US since > 1979. Can't understand why no one would want a nuclear reactor in their > back yard. Graham. I had one in my back yard at my old house-- literally 1-2 miles away. Now it's about 15 miles away at my new house... I most certainly wouldn't mind a few more nuclear power plants around here... -- Derek _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
