US Green Energy Bailout – Is it ABSURD?

14 10 2008

Image via Wikipedia

Well, it does not actually even exist so it can’t be absurd yet. It’s a proposal. From me. Here’s how it goes.

Since the United Sates is writing huge checks to bailout financial organizations, why don’t we bailout the lifeless green energy sector? What if we made a new power source that could replace fossil fuel based energy and do it cheap and green? Wow !! ABSURD NOT!

  • Is this socialism? No way… it’s government backed research.
  • Will it destroy the oil companies? No way… they will land up licensing the new energy – probably for free as they will help co-develop it.
  • WIll the taxpayers get their investment back? You bet…  we will make the loan payoff in 10 years.
Reblog this post [with Zemanta]



One response

14 10 2008

Lets do this. I would not call it a bailout – rather an Energy Incentive or Energy Initiative.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: