Politics of Energy Message Board

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Politics : Politics of Energy

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To: RetiredNow who wrote (4280)	1/17/2009 5:39:18 PM
From: Hawkmoon	2 Recommendations Read Replies (3) of 86356

Wow. You are seriously ignorant about how our economy works. Am I now?.. Who's the one who refuses to acknowledge that with such currently low energy prices and an economy in the midst of deflation, expensive alternative energy infrastructure has just been re-categorized "not economically viable". Do you know how much cash is sitting on the sidelines, or stashed away in T-Bills drawing less than 1% return? TRILLIONS, buddy.. TRILLIONS!! Total money-market fund assets hit $3.9 trillion despite fall in yields and even losses financialweek.com You'd think that, were Wind power such the great EROI they claim, someone would pump a little money into those projects. It would certainly net them a bigger gain than those money market funds, right.. Mr. Economist? Hawk

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