The Motley Fool Discussion Boards
Personal Finances / Building / Maintaining a Home
|Subject: Re: 25% renewable energy by 2025||Date: 10/14/2012 12:51 AM|
|Author: tpault||Number: 122554 of 134396|
The system of green subsidies isn’t sustainable. Inland Empire Oilseeds in Eastern Washington found this out when federal subsidies ended and they shut down operations for a year, laying off workers and harming the community
There's good reason for subsidizing green energy. Oil and gas have been around so long and they have all the inroads. Thus, the opposite of what you claim is a conspiracy theory by Democrats, fossil energy has been dirt cheap in the U.S.
Solar, wind, etc. need time to develop and as long as fossil energy is so cheap, there is no money to throw at renewables. Infrastructure and development are needed before renewable pricing is competitive. The problem is that, without being competitive, renewables cannot develop and bring us up to speed. Green subsidies, as the opinionated story you linked talks about, in fact does not need to be subsidized forever. Rather, only long enough to take off and be competitive.
Let's not forget that some communist countries almost entirely run their nation's businesses, and they do it with infusing them with national capital. Capital from the capitol as it were.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|