Monday, July 12, 2010

Knight and Day, Tax Credits:NO, Mandates:YES, Corn Ethanol v. Algae Fuels

Mandates vs. Tax Credits
We, especially here in the USA, seem to get money and politics so tightly entwined that we mistake money for policy. Yes, incentives can be useful, but as Vinod Khosla says, if an industry cannot be economically viable within a reasonable time frame (I seem to recall he was thinking 5 to 7 years) then it doesn't deserve continuing support. Perhaps fissile nuclear energy does deserve special considerations because of the "dangers" of both misappropriation for illegi

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