On Wed, 20 Jul 2011 14:01:15 -0500, dpb wrote:

On 7/20/2011 7:00 AM, jamesgangnc wrote:
...

Nothing wrong with the government subsidizing renewable. Economies of
scale will reduce the costs and at the same time the costs of non-
renewable fuels will continue to rise. At some point the scale tips
and the renewables become cheaper. Until then the government
accelerates the growth with subsidies. Just makes the inevitable
happen a few years sooner.


Subsidizing _research_ perhaps; subsidizing production facilities, not
so much.

It perverts actual winning technolog(y|ies) on basis of winners to
cashing in on subsidies to pad bottom lines irrespective of best use of
(limited) capital...as do mandates for usage or generation mixes.

Give that man a cigar! The government picks winners and losers, not the
market.