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Author: Gingko100 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 128992  
Subject: Re: 25% renewable energy by 2025 Date: 10/11/2012 9:31 PM
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Pish-posh. People said much the same things about LED's 20 years ago - expensive, a boondoggle forced down our throats in the name of energy-efficiency, not economically viable except as a vanity project, etc.

Now they are widely available and ALL my corporate clients use them.

The energy industry will change and this will become fully viable in time. I don't mind not being the leader here. Eventually we'll play catch-up with China and the leaders who are way ahead of USA, but that's not the worst thing in the world. But to dismiss R&D outright? No. That's ante-diluvian clinging to the past.
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