“We think a solution to the energy problems may lie at the interface between biology and the physical sciences on the nanoscale."

Based on my own reading, I think he may be right about that, although I suspect private industry could get there faster than government, assuming their hands aren't tied.

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Two roads diverged in a wood, and I--
I took the one less traveled by,
Which is probably why I was registering 59.67mi as I rolled into T2.

http://sadhillnews.com/...20-white-house-trips

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I'll be what I am
A solitary man

A rational statement amongst the hate. Here's the deal--alternative energy is not economically viable right now. Private industry won't do something that doesn't make money. That doesn't mean it won't ever work, just that we haven't figured out how to do it yet. The Wright brothers had to get a plane off the ground before flight become a multibillion dollar industry. Take yourself back to the late 19th century. Would all of you be furious if the government started investing in the concept of an airplane? We subsidize to drive innovation. Most of these energy companies will fail, but some might not. And that's why it's worth the risk.

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Oh yeah!

As you say, it isn't economically viable right now. When there is a prospect of it becoming so soon enough to warrant investing in the necessary R&D, investors will do so (again, assuming no interference by regulators). To use your example, the government didn't need to subsidize the Wright Brothers.

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Two roads diverged in a wood, and I--
I took the one less traveled by,
Which is probably why I was registering 59.67mi as I rolled into T2.

Private investors are taking notice, but it's extremely high risk. To the Wright brothers--I have no idea who funded their research, but I bet we could have gotten a plane off the ground faster if the government pumped a bunch of money into making it happen.

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Oh yeah!

That's assuming that the government would have figured out that the Wrights' heavier-than-air solution was the right one and that they wouldn't have taken away the Wright brothers' money and everyone else's and invested it instead in some other futuristic-looking project, which might not have been viable at all.

It's a classic case of Bastiat's Ce qu'on voit et ce qu'on ne voit pas.

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Two roads diverged in a wood, and I--
I took the one less traveled by,
Which is probably why I was registering 59.67mi as I rolled into T2.

Do you think private industry could have created the atomic bomb? Come on, you can't seriously think the free market drives all scientific innovation.

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__________________________

Oh yeah!

Do you think private industry could have created the atomic bomb? Come on, you can't seriously think the free market drives all scientific innovation.

I don't think private industry in a free market would have had any reason to create the bomb, or any other kind of military weapon (except insofar as such weapons might be adaptable to legitimate private uses). Under a free market system, as it is usually conceived, such functions are handled by a government, which can contract with private industry as needed. There's no legitimate private-sector demand for A-bombs, unlike for energy.

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Two roads diverged in a wood, and I--
I took the one less traveled by,
Which is probably why I was registering 59.67mi as I rolled into T2.

I like what you say. In fact, I like it so much I'm nominating you for the Nobel Peace Prize. I think I can even download the form and send it in, meaning I won't have to travel to Norway myself in order to get you into the competition. It's kind of like the IMH lottery, buddy. ;-)

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"Politics is just show business for ugly people."

What the fuck are you taking about? Bush took full responsibility for Iraq. He just didn't see it for the failure it was. But he never denied the decision was his and his alone. Remember he was the deciderer? Taking responsibilty and admitting failure are too different things. Obama can do neither and when he has not choice but to acknowledge something failed, he blames it on somebody or something else. Solyndra failed becasue of the Chinese or it was a Bush project. People are loosing jobs because of ATMs and technology. The economy would have improved if not for the Tsunami. And on and on and on. The guy is a lightweight in over his head. Going forward if your primary work experience prior to being in politics was a community organizer. It should disqualify you.

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"In the world I see you are stalking elk through the damp canyon forests around the ruins of Rockefeller Center. You'll wear leather clothes that will last you the rest of your life. You'll climb the wrist-thick kudzu vines that wrap the Sears Towers. And when you look down, you'll see tiny figures pounding corn, laying stripes of venison on the empty car pool lane of some abandoned superhighway." T Durden

Risk, what fucking risk are you talking about?

These companies are taking any risk.

To take a risk, you must have something at stake, and when you get your moneyfor free, from the govnerment, with no strings attached, you have no risk, therefore, you have no incentive to efficienty utilize your scarce capital, which means if you are Solyndra you pay yourself a fat salary and you build the most over the top, uncessary, luxury factory at a time when everyone in the industry knows massive amounts of subsidized Chinese capacity is going to come on line and erode overall industry pricing.

Furthermore, you do stupid shit like install spa showers and have fucking singing robots and other idiotic money wasting crap.

http://www.bloomberg.com/...ots-spa-showers.html

" It had robots that whistled Disney tunes, spa-like showers with liquid-crystal displays of the water temperature, and glass-walled conference rooms. "

You also don't see 50% of your finished product scrapped because it doesn't work and not give a shit about it:

“A significant percentage of the product we built went into a dumpster because it was defective,” said Craig Ewing, 55, a former maintenance technician. “It seemed like the company accepted that,” he said.

Why do you thik they didn't care?

Yeah, they didn't have any capital at risk, if shit failed big FN deal...not my problem.

Are you starting to get the picture now, is it sinking in, do you now understand why people have had enough of this crap?

So in the future--and please continue to comment, as I'm enjoying this thoroughly--don't spout off about risk and why its worth it for others to invest our money.

These fuckers have no skin in the game, and neither does Obama, but we the people do, and isn't it funny how we always seen to get ass raped sideways all day everyday and twice on Sundy everytime a commi moonbat wanna be capital allocator thinks they know more than the market itself.

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"I really wish you would post more often. You always have some good stuff to say. I copied it below just in case someone missed it." BarryP to Chainpin on 10/21/06

A look at the massive Obama landmark turd company's bankrupt manufacturing facility--never should have ever been built here in the US, ever:

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"I really wish you would post more often. You always have some good stuff to say. I copied it below just in case someone missed it." BarryP to Chainpin on 10/21/06

Why is it an either or?

And subsidies to green energy tech are irrelevant when fossil fuels are more heavily subsidized. Stop with the tax breaks. Stop paying hostile foreign countries to sell us oil. Create a marketplace for emissions where private citizens are able to buy units.


Helping emerging tech companies get loans more cheaply seems to be good policy to me. When a few % your portfolio for a strategy is struggling, 'working as intended' is the proper response.


If Australia doesn't start opening up some heavy metal mining and China continues to restrict theirs we may need new strategies for almost all of our high-tech industries, not just solar.


Re-structure nuclear regulations to allow for breeder reactors. Push research into thorium-based nuclear power.


Use niche technologies when and where appropriate


Make zoning laws less restrictive (excepting heavy industry) so that people can commute on foot/bike/public transit



If you want to push innovation your first step has to be to cut off all subsidies to the obsolescent technologies. Until that happens green energy will, of course, fail.

Executive payed themselves right up until the time the company went belly up.

Nothing like raping and pillaging while the ship goes down is there?

Is there anyone that can't figure out why the Execs pleaded the 5th in front of Congress?

And all thanks to Barry Soetoro.



http://tommytoy.typepad.com/...d-to-scrimp-and.html

"I took a look at the document and it appears that executives were provided substantial bonuses at the same time that the firm was bleeding cash and soon to lay off 1,100 employees with little notice or continuing health care benefits.
Here are a few screen captures of the appalling lack of fiscal responsibility at this company."

Karen Alter, Senior Vice President of Marketing at Solyndra, received $55,000 on April 15, 2011 and $55,000 on July 8 to go along with her quarter-million-dollar salary. Ben Bierman picked up $60,000 on April 15 and another $60,000 on July 8 to supplement his $276,000 salary. Bierman was EVP of Operations and Engineering and was presenting cheery, optimistic PowerPoint obfuscation sessions as late as July, as well.



Wilbur Stover, Solyndra's CFO and a veteran of the Micron price-fixing scandal, had a $367,000 salary and also collected at least $120,000 in bonuses. He joined CEO Brian Harrison in pleading the Fifth Amendment while under congressional questioning.




Paula Camporaso, VP of Information Technology; Dave Sanat, Vice President of Supply Chain; and John Gaffney, Corporate Counsel were among the many Solyndrans also collecting substantial bonuses.

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"I really wish you would post more often. You always have some good stuff to say. I copied it below just in case someone missed it." BarryP to Chainpin on 10/21/06

I didn't really read through your 20 page hate essay, I don't have time, but you are obviously very angry about the extra $50 or whatever you spent at the pump this month. And grants from the government don't come without strings as you suggest. You have to produce something to get that money, and show that what you've proposed works or if it doesn't then why. OK, I'm done with this thread.

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Oh yeah!

Yes, I hate wait people throw my money down the shitter, it pisses me off.

And no, these grants--whatever the that means--don't come with strings, they come with riders, which subordinate the public exposure so that money bundlers for Obama get first dibs in bankruptcy court after the likes of a Solydra green zombie companies are dead.

And as for the 20 pages, here it is in a nutshell:

Brazen theft of taxpapeyer money given to these crooks by Barack Hussein Obama (a.k.a Soetoro).

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"I really wish you would post more often. You always have some good stuff to say. I copied it below just in case someone missed it." BarryP to Chainpin on 10/21/06

Barack Obama reminds me of this guy, with all the excuses for why nothing's ever his fault:

http://www.youtube.com/watch?v=JFvujknrBuE

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"Politics is just show business for ugly people."

Dude. You need to bone up on how to put someone down. Comparing him to one of the coolest and funniest movies of all time isn't working for me.

My gosh, killing hundreds of thousands of people, is the best argument I have ever heard for government interference in business! It's brilliant.....

Now that we know what government do and are great at, why do you suppose we need more of it?

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You will remain the same person, before, during and after the race. So the result, no matter how important, will not define you. The journey is what matters. ~ Chrissie W.

Why is it an either or?

Certainly you can have private enterprise and governments both seeking solutions to a problem, but in that case the eventual solution won't be the one determined by level-playing-field competition, unless the government just happens to choose the same solution that the marketplace would have chosen.

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Two roads diverged in a wood, and I--
I took the one less traveled by,
Which is probably why I was registering 59.67mi as I rolled into T2.