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Politics : Politics of Energy

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To: Hawkmoon who wrote (2010)8/27/2008 10:10:26 PM
From: RetiredNow  Read Replies (2) of 86356
 
Hawk,

you are trying to make something complicated that really isn't. If you have a good you want to sell for $10 for a profit of $5, then you have all the incentive you need to sell that good. If I tell you I will give you an extra $1 to sell it, it's a waste of money at that point.

Gov't subsidies should be used to incubate new industries, if the potential of those industries are huge and good for the prosperity of this country. Alternatives clearly fall in that category. What's my proof? Most VC money has been pouring into alternatives and most VCs will tell you that the industry's potential outshine all the wealth created by the Internet.

So we have to ask ourselves: How stupid are our government leaders for not taking an active part in ensuring the US leads in this industry? The next superpower will most certainly be the leader and largest beneficiary of this industry. At the root of our past economic might was cheap energy. If we don't do something now to diversify our energy supplies to ensure long term cheap energy, then we will not remain the most power and richest country in the world for long. Already, China is fast on our heels.
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