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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (8632)	5/28/2009 2:13:35 PM
From: TimF	Read Replies (1) \| Respond to of 86355

Speed to market is usually important with new tech or at inflection points. For a corporation seeking a market opportunity sometimes, probably often, but not quite "usually". (Many industries are not dominated by the initial entrant or even a "fast follower"). For nations making political decisions about how to intervene in economic decisions that isn't really the case. In terms of pushing subsidies to make a change that is currently uneconomical but which you think might be economical later, speed is far from very important, in fact its likely to be a negative (from the perspective of the economy and the country as a whole), and may even be counterproductive from the narrow perspective of trying to achieve a transition to alternatives (the subsidies can go to a sub-optimal solution, creating investment in that poorer solution, rather than some other idea which we eventually find out is preferable). Imposing delay on something that currently makes economic sense, is likely to only cost our economy more. But imposing a speed up on it when it doesn't yet make economic sense is also likely to cost our economy more.