SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics of Energy
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brumar89 who wrote (6022)3/12/2009 8:46:18 PM
From: RetiredNow  Read Replies (1) of 86355
 
YOu should know the answer to that. Innovation and scaling cost money. You invest in R&D and scalable manufacturing precisely to lower prices and increase features. Without investment the industry goes nowhere. That's the same for every industry.

The proper role of government in industries that have high barriers to entry and minimal competition is to lower the barriers to entry for new entrants and to streamline regulation. That is exactly what Obama is doing.

In the energy industry, we have very high barriers to entry to get cost competitive electrical power plants and we have an industry that is dominated by two energy sources: oil and coal. So the government's involvement to spur competition among and diversity of energy sources is entirely proper and most economists will tell you is exactly the right way for government to partner with industry.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News