John Stossel asks the right questions in this interview, but the best question comes from his other guest (I am unsure who it is) at the very end of this clip. He asks T Boone if he would do this (referring to wind gas investments) or invest a dime without subsidies. T Boone essentially confirms that he would not. This is confirmation that it is not a profitable investment, because if it were it would be rather easy to find investment money. Possibly hr is and riding the green wave figures it is probable that he can grab so me stimulus cash, but I think these green projects would already be in the works if there was profit to be made. But as the other energy industries such as corn ethanol and oil are already heavily subsidized, maybe it is impossible to compare which process is truly the cheapest and most efficient without some research.
Sunday, January 24, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment