Comment Re:just a few thoughts on clena energy (Score 5, Insightful) 661
I am all for renewable energy, but I disagree with the idea of economic incentives. There have been a large number of potential renewable energy sources, and many people seem to have one that is their favorate. None of these (except hydroelectricity) have become major sources of power, due to various obstacles that still must be overcome. I think that once these ideas are economically feasable (*if* they are feasable) they will get investment and be implemented.
Incentives and subsidies rush products that are not yet ready into the market because they are made artificially cheaper. The problem is, instead of using whatever technology can profitably produce energy, we end up using whatever technology is the favorate of the most people, or the pet project of a particular legislator or lobbying industry (corn ethanol, I'm looking at you).
Incentives and subsidies rush products that are not yet ready into the market because they are made artificially cheaper. The problem is, instead of using whatever technology can profitably produce energy, we end up using whatever technology is the favorate of the most people, or the pet project of a particular legislator or lobbying industry (corn ethanol, I'm looking at you).