So government subsidies have no place at all in innovation?
Okay, I should clarify. Investors don't normally invest in a business if they don't think it'll return a profit.
A lot, I would say the majority, of new technologies (including ones that could hypothetically remedy climate change), are fledging businesses and cannot attract the attention of investors. Government subsidies provide a bubble to protect those businesses until they become economically viable and can attract investors. So what I'm asking you is: Are these investors the problem or the solution? It seems like you can't make up your mind.
Well, the contention is that this can't be done without subsidies. So when I asked if pure market capitalism could solve the problem instead, you said no.
I think we can all agree that affordable renewable energy en mass is a good goal to achieve. All I'm asking is how we're supposed to get there. You can throw out terms like entrepreneurship and, on the other end, federal subsidies; but how do those actually work?
I don't think you really have the solution you think you do.
Start one.
Two old white creeps trying to win the political game. Tell me what else is new. :T
Correct.
