Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

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To: Sid Turtlman who wrote (2475)	4/29/1998 10:02:00 AM
From: yard_man	of 5827

Sid & smw3 & others, Enjoying the conversation. Like it also when references are supplied. The politics of energy which you all have been discussing is a little is interesting. California has always been on the bleeding edge -- first with its early and rapid embrace of "alternative" energy sources and currently, with electricity deregulation. Does anybody else find it ironic that California's early embrace of some of these technologies is actually what has resulted in it having some of the highest rates and spurred the move to deregulation (read that re-regulation)? A pertinent question for the next 5 - 10 years is what will the socio-political climate allow in terms of incorporating so-called externalities into the price of energy? Is the move to competition antithetical to the incorporation of such externalities? smw3 mentioned the price of gasoline being artificially low in the US as opposed to Europe. Is a large part of the difference due to taxes? In the past alternative energy resources have received tax credits. This works to spur the development and/or small scale adoption of technologies which are "almost" competitive at the margin for some applications, e.g. wind. However, where there is a great disparity in the cost of power between a conventional resource and an alternative, it isn't sufficient to reduce the tax to zero to spur adoption. I guess the question is: To what extent should our government go to to ensure that alternative energy technologies are developed past the point of "proof-of-principle?"

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