I know if the government really put every resource they had into alternative energy, it would become possible to commercialize this industry in as little as 10 years. But 2 decades of war in the Middle East have not encouraged this move, neither have terrorist attacks. Greenland already is moving away from oil as its primary source of energy, why can’t we? We have scientists and MBA’s that are just as brilliant. The only good news I’ve heard is that somewhere in the Midwest, I think it’s Colorado, the state returns some money to homes which use wind-powered energy instead of the traditional forms of energy (oil or electricity). Tax breaks on electric cars are not enough, because I haven’t seen that big of a change in our energy resources yet.
It shouldn’t be the government that does this. I am an Economics major, and spent a semester studying Environmental Economics. The solution can, will, and should come from the private sector. There are many companies out there researching alternate sources of energy, and when it becomes more economical to use these new advances in technology, the market will use them. Right now it is too cost prohibitive to use alternate forms of energy, but as other resources become more scarce, the price of them will go up, and we as a society will use alternate forms of energy, all without having to get the government involved.
How would you convince the US government to fully support and invest in alternative sources of energy?
Posted in: alternative energy
Mar
12
Comments
Get people high up in the Government to invest in the product. The reason that we still use so much oil is because the leaders of our government all invest in it. If you were in charge would you make the value of stock in a company you owned shares in go down?
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