... with historic investments in clean energy ...
on which we will never see a return, which is the very nature of investing
Next year the won’t be any more pressers when gas tops 5.00 per and food prices jump 20%.
Well we might see a return, or private developers and manufacturers might - but not while the gummint is in there subsidizing them. Drop the subsidies, let the market decide. That’s why iPads are winning and Palm is losing, and countless other examples all around us. If the gummint had picked Palm to be the winning technology and propped it up artificially, where would things be? The only way for green tech to be a sustainable part of the solution is for it to create value on it’s own merit, no different than anything else. And the incentives of the free market are the only things that have been proven time after time to drive the investment in research and development that can turn new ideas into profitable and sustainable solutions.