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True, but on the other hand we have existing industrial and institutional capacity in the private sector that has demonstrated its ability to actually build working wind farms. And there are a lot of projects where such capacity does not exist, has not been proven to be possible or has been proven to be impossible (railways being a very good example). Now, I'm not a big fan of the idea of "crowding out" or the idea that government has some fixed maximum size that makes government spending compete against itself, so to speak. But recreating under public supervision what already works reasonably well in the private sector strikes me as vaguely silly, in the same way as privatising well-running public services.

The first of the issues you raise can be taken care of by a public industrial development bank, no? That is a good idea in any case, and would have wider impact than "just" wind power. The second issue is one of liaisons with the grid operator, and there is a good case to be made that the grid operator needs to be heavily regulated and/or under direct sovereign control. Of course, there is a case for subordinating the generation of power to the grid operator rather than separating those functions, which I suppose would put the wind farm development indirectly under sovereign management...

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Jul 11th, 2010 at 06:27:28 PM EST
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