The Motley Fool Discussion Boards
Personal Finances / Building / Maintaining a Home
|Subject: Re: 25% renewable energy by 2025||Date: 10/14/2012 3:50 PM|
|Author: SeattlePioneer||Number: 122560 of 134647|
<<Subsidizing is always happening. If alternative energy sources are to take off, it must be subsidized in the u.s. Now we can argue our feelings all day long. But as a for instance, no one is going to buy an all electric vehicle when there is no way to take a cross country trip, or even cross state trip.>>
The United States has been heavily subsidizing electric cars and they are still a failure. Just not practical despite the subsidies for most people.
The same thing is proving to be true of solar and wind. You can get as much as you want if you pay a big enough subsidy, but it really can't compete against conventional power sources.
It does result in much higher utility bills and unreliable power supplies though ----what a deal.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|