Renewable energy not ready yet


But that doesn't stop some from attacking traditional energy companies
Duane D. Freese writes about renewable energy at Tech Central Station.

The deal reflects the false promise of renewable energy, one that as a side effect has contributed to the spiraling prices for gasoline and home heating and pretty soon electricity. Renewable energy is, for the most part, not ready for prime time. If it were, Green Mountain wouldn't have closed up its retail shop in the face of higher costs and prices for competing energy sources. It would be grabbing new customers instead.
 
Higher prices for oil, electricity and gasoline, after all, were what were supposed to give a boost to companies such as Green Mountain and technologies such as wind and solar power, and hybrid electric cars and SUVs.
 
Rather than applauding the higher prices for putting us on a renewable energy course, some politicians are merely doing the usual bit about bashing oil and auto companies.
 
For example, the Senate Minority Leader Harry Reid of Nevada has spent much of his time since hurricanes Katrina and Rita running around his state in a three-vehicle entourage, including a 16 mpg SUV, blasting away at oil companies, demanding an investigation of their profits and condemning U.S. auto makers for not signing on to starkly higher CAFE (Corporate Average Fuel Economy) standards for SUVs.
 
Sen. Hillary Rodham Clinton likewise also has called for yet another investigation of oil company profits and, at a Capitol Hill rally last month, denounced the notion of drilling in the Alaskan National Wildlife Refuge for its 11 billion to 30 billion barrels of oil as a "diversion."

If the politicians would leave the free market alone instead of looking for scapegoats and pie-in-the-sky solutions, it will solve itself.

— NeoWayland

Posted: Tue - October 18, 2005 at 05:21 AM  Tag


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