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Politics : Politics of Energy
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To: RetiredNow who wrote (1034)7/30/2008 6:19:38 PM
From: TimF  Read Replies (1) of 86352
 
Your theory ignores the reality of history. Being the country to invent something, or to first produce and/or use it on a wide scale, typically doesn't give you a lasting dominance in the market for it, if the market is significant.

And that assumes that whatever we pour our billions and trillions in to really will even be a significant market for the long term. You don't invest in "alternate energy", or even broad categories like "solar", "wind" etc. You invest in specific technologies. Which may or may not turn out to be a good idea.

Setting investment priorities by political decision making rather than seeking market return is the best way to ensure that Americans of future generations have a lower standard of living than today.
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