[mojito]

The war on capital continues. 0 loves renewable energy. Just as long as it's the government that owns it.

[theBuckwheat]

Yup, seen it before when I sat on an advisory committee at a big and well known university looking to commercialize the research of its faculty and staff. At the time the leadership was so worried that some private investor might make a lot of money on something they invented, so the rules were so tight that nobody would invest. Then as good liberals they were clueless as to why they didn't have a good commercial ecosystem like at Stanford.

I served on the committed until I asked the Dean in a meeting if he knew how much it cost the institution to educate a student from initial enrollment until a degree was earned. He didn't know. I think the question never entered his mind.

[BOBTHENAILER]

So does this exclude Al Goron and his Kleiner-Perkins VC funding bud's (of which he is a partner)? ? ?

Big Al won't be happy.

[griswold3]

I’m going to quote Robert Newman out of context:

“... you’ve got to go back, in epochal terms to the collapse of the last complex civilizations - the Mayans and the Roman Empire. They didn’t just end because people got bored of being Mayans and Romans.

Societies thrive, when there’s cheap abundant energy, be it topsoil or Greek slaves. They diversify and grow and become more complex and have agriculture and trade at a distance.

When strategies for energy capture are subject to the law of diminishing returns, that’s when complex societies collapse.”

[Carry_Okie]

But the letter from the industry groups counters that the ban included in the guidelines actually "has the effect of discouraging renewable energy investment by private equity funds."

Once one knows who funds the environmental left, it becomes obvious that "renewable energy" has always been a smokescreen. The real plan was to tax oil and gas and then force the public to use them. Consider how hard it is to build a power generation system that runs on wood.