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Politics : Politics of Energy

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To: RetiredNow who wrote (870)	7/23/2008 4:50:30 PM
From: Brumar89	Read Replies (1) of 86355

Incubation is fine. But the things being incubated are gonna have to hatch and grow on their own eventually. I'll be excited when I see that happening. As it happens, I've seen close up some investments in what were new businesses for a particular company. Therefore, I know from experience that new ventures don't always succeed. In fact, going on what I've seen, most of them fail. The government is underwriting a massive investment in corn-based ethanol right now which looks to be a politically driven boondoggle with no grand economic future. I hope that our subsidies for wind and solar don't end up similar wasteful boondoggles. I don't think we have a situation where we know we can switch our whole economy over to solar (or wind or whatever) and it'll be as economical as what we have now ... if we just muster the political will to do it. The barriers are technological and economical and maybe they'll be overcome in the future and maybe they won't. And if they are, we don't know when that will happen. There is no plot against solar power or wind power or anything else new. Its a technical/cost issue, not a political will issue.

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