European Tribune

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Governments have no job picking winners, but a privately funded entity should?

Renewables are adequately financeable with existing support mechanisms. What might be needed is a streamlining of the various public entities that have to give their opinion on any given project (ie coordination of the permitting process), and promises not to tinker with support mechanism for long enough that investors can trust the framework in place and base their decisions on it.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Mon Jan 21st, 2008 at 05:56:39 AM EST
[ Parent ]
I was curious what you think this proposal means, how it would work, and if there is something tricky in it.

To me, this seems like a call for corporate welfare in the crudest sense: the nurturing of some start-ups into future big private companies on public money based on green criteria.

*Traitor*, n.
A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.

by DoDo on Mon Jan 21st, 2008 at 08:23:14 AM EST
[ Parent ]

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