Of course you are technically correct and THE authority on all things “energy” on FR, however the government does and did facilitate the electrification of America though its power to “regulate”, “guarantee a profit” and “restrict competition” to privately owned power companies, which was and is a good thing resulting in tremendous improvement in the standard of living for all Americans. Also, the TVA owns, funds and regulates the electric power serving a large chunk of the nation. Select so-called “green power” private operators are directly subsidized by the federal govt as well, whether we like it or not.
I get your point that government should not pick winners and losers but government does do it. My gripe, as an investor in the little companies related to NatGas as a transportation fuel, could use some help from the government. May I have some cheese with that whine? Thanks for playing ...
Cheers,
Otter
We understand each other at least. You will understand if I don't want my tax dollars spent to boost your personal return on investment.
Note that personally, in my work, the demand created for a build out of a nation-wide infrastructure would drive the rates for folks like me quite high. But still, I do not want the government doing that. Past bad decisions do not justify more of the same.
p.s.
I forgot to mention the direct funding by by government for the Interstate Highway system and Amtrack.