Green Energy
Hey Elon - sorry but GOVT SUBSIDIES DIRECT to MANU’s=WORST BIZ IDEA EVAH
LAT - Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies
Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space.
And he’s built those companies with the help of billions in government subsidies.
Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups.
“He definitely goes where there is government money,” said Dan Dolev, an analyst at Jefferies Equity Research. “That’s a great strategy, but the government will cut you off one day.”
No Jackass, it’s NOT a great strategy.
If gvt money is to be used at ALL to develop markets, to invent markets, to spread markets, it MUST be restricted to R&D.
Imagine if every dollar BLOWN on Solyndra (ETC, add them up), on subsidizing wind power (which is STILL non competitive despite that), photovoltaic manufacturers…yadda, yadda had gone to the PURE research which made batteries for all this CHEAPER (and able to function in the northern half of the US) AND made renewable power competitive.
Would we need any help worldwide?
Would people have to be cajoled to buy hybrids, and plug in vehicles?
If photovoltaic panels and their subsystems and conversion to AC competed with Hydroelectric what would happen in the USA to the entire conversation about global warming?
If every homeowner could help himself go off the grid with a $2,000 wind power station for his own home, what would happen to DISPOSABLE INCOME IN THE USA MIDDLE CLASS?
Subsidies to manufacturers is a moron’s answer to competition, and it breeds WEAK, wrong thinking direction, products, and employment which DIES in dead end directions weakening the national economy and the nation itself.
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By Concentrating On Warming, Environmentalists Are Killing The Idea Of Alt
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Obama's 36 Green Energy Failures
From Heritage: It is no secret that President Obama’s and green-energy supporters’ (from both parties) foray into venture capitalism has not gone well. But the extent of its failure has been largely ignored by the press. Sure, single instances garner...
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Tom Friedman And ‘renewable’ Energy ..he Just Cannot Get It Straight
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Green Tesla Motors: Another Day, Another Solyndra
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330 Gw Of Global Pv Capacity Predicted By 2020
Article published on www.pv-magazine.com on February, 7th 2013The sky is the limit for photovoltaic market growth, which is expected to more than triple by 2020, according to a report just released by London-based research firm GlobalData....
Green Energy