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]