Quote:
Quote:
If these technologies were so promising there would be private capital out there to finance them. The fact that greenies in government have to tax away capital from the private sector to “invest” in these companies shows a lack of faith by investors that these companies are viable. The rash of bankruptcies in DOE backed companies in the last year or two seems to back up the private sectors viewpoint. As for windmills, the ones that used to be scattered throughout the landscape were not paid for by the government and were used for limited purposes. Because a windmill is used to pump water does not make it a good choice for electricity, especially when it requires billions of taxpayer dollars to make it work. As soon as economics, rather than green zeal and rent seeking opportunists, begin to drive the equation, the windmills will be abandoned and become just a visible monument to wishful thinking. For a real life example just google “windmills in Spain.”
As for electric cars, which one does not have a huge government subsidy?
Using that logic we should quit using gasoline immediately because oil companies receive the largest subsidies of any industry ($409 billion in 2010). In March there was a bill to end the oil subsidies. It got 51 votes but it was filibustered.
Right you are Chet, with research subsidies, tax breaks, anti-free market protections, etc., the petroleum industry is indeed heavily subsidized. Not to mention the high cost of militarily protecting the oil rich regions in the Middle East.
Contra todo mal, mezcal; contra todo bien, también
| 
