At what point will this technology pay off and no longer need tax dollars to get it started and prop it up?
My guess would be that we'll never find out. Tax incentives are just another form of welfare, and once they start, they're nearly impossible to end.
“At what point will this technology pay off and no longer need tax dollars to get it started and prop it up?”
Solar power as well as any power that can be generated by water is probably a good thing. It’s a resource that is forever.
When I living in South Dakota, students at the school of Mines & Tech created an engine that got over 100 miles per gallon. The newspapers heralded it as a major breakthrough.
A couple of weeks later the engine was gone and the students were not talking. The press didn’t say a thing.
The only way in our lifetimes will we see anything other then the combustion engine is when environmentalists and business sit down together to discuss how we can best do this. Where business can continue to make the profits they are used to and the environment gets cleaner.
Really, there is no incentive for business to do it with the mandated government regulations that prohibit businesses from investment in these energy sources.
Another claim : “injected 9 billion into the economy”.
No, it didn’t. You were subsidized by the taxpayer. You “injected” NOTHING into the economy.
At what point will tax breaks and subsidies be equal for innovations within the oil business so that the pursuit of “alternative” energy stops getting in the way of the actual solutions in front of us?
How can we win the war by subsidizing boondoggles that are only a small part of the solution if that? How long can effectively spend hundreds of millions subsidizing boondoggles that only block the solutions?
Isn’t this the very definition of Washington subsidiaing and not solving the problem and yet we don’t hear a single candidate speaking of it.
And when will this new infrastructure of wind poser begin to need maintenance, which will decrease their profit margin?
Right cause lord knows no tax dollars go into the coal or oil industry... Thanks for playing..