Nothing is perfect. If we want cheap energy to get out of this economy, lets go for anything that works. We can’t used subsidized stuff.
The Great Depression was caused by bad debt too. All the banks have to write off their bad loans. Propping up housing prices from the bubble is dumb. But everyone can use cheap energy from one of the world’s top five chemical commodities. It’s not the only idea, but it shouuld help.
I fear it won’t be cheap to gobble up great volumes of fresh water in fermentation farms. The question isn’t one of perfection but of practicality.
In the meantime, the US is turning into the Middle East of natural gas. It’s actually being exported, there is so much. Known reserves are now around a century.