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At a subsidy level of over ten times the cost of wind, RnD is going to be spent on not only technologies that are currently uneconomic, but also on technologies that do not have even a theoretical possibility of ever becoming economic.

Whoa. Are you now claiming that the difference between prototype phase and series mass-production of a developed technology cannot be 90%?... On what basis? I'm less pessimistic seeing this:

"build a prototype in a government lab in hope of finding ways to lower costs"

That sounds nice, but competition with a sizeable budget brings faster development, large-scale production brings down costs by economies of scale.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Tue Apr 27th, 2010 at 02:30:39 PM EST
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