Bingo!
http://abcnews.go.com/Technology/story?id=3942164&page=1#.Ts0PkPL4IkI
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(no link)
GOOGLE, GE EYE GREEN ENERGY
San Jose Mercury News (CA) - Thursday, September 18, 2008
Author: Elise Ackerman, Mercury News
Google and General Electric announced Wednesday that they would work together to push the development of renewable energy.
The companies said they would team up to lobby the federal government to modernize the electrical grid and collaborate in the development of technologies for plug-in vehicles and geothermal energy.
“We are trying to make renewable energy cheaper than coal energy,” Google co-founder Larry Page said at a news conference Wednesday afternoon.
The partnership was unveiled at Google’s annual Zeitgeist conference, a two-day think-fest where Google’s business partners are invited to Mountain View to discuss global issues with leaders such as former vice president Al Gore and Mexican businessman Carlos Slim, as well as celebrities including Leonardo DiCaprio and Forest Whitaker.
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If this does not indicate the commercial likelihood of solar energy, then nothing will.
Two cash flush, companies; motiviated by fame and share holder value, think it's a dead end; then the venture capital government programs are dead too.
It is arrogance to think that granting money to strange grant writers is sound fiscal policy when the likes of GE and Google who actually know something (at least GE does) bail out of same.
But then again, we live in the age of unchecked arrogance.