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- a simple market-based solution with mandates
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Set aside the issues of subsidy for a moment, and let us simply declare that utilities and users must convert to renewable energy at a certain rate. This law will require no bureaucracy or any subsidies. Perhaps subsidies should be available for some technologies. The law will assure a market. The market will reward the most efficient.
My personal belief is that Solar is a technology worth helping with subsidies because it holds the promise of the great economies of scale given by Moore's Law. Others may favor another technology, for example, ones that generate electricity while removing the odor from a feedlot next door. Let the political process work this out as it will.
No prospective alternative energy generating enterprise should have to worry about the existence of a market. Projected growth promises the need for new generation investments, to say nothing about replacements. They should worry about competing with their peers. We should not pay too much attention to these complaints either. The public needs to decide to "go green" and then use the tools of capitalism and the market to get the job done promptly. - Posted by: erlewis@... Posted on: 12/12/07 You are currently: a Guest | Members login | Terms of Use
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