by seahorse » Thu 01 May 2008, 10:42:00
KTH wrote:
$this->bbcode_second_pass_quote('', 'S')ounds like its time to reregulate electrical generation so that the "lean and mean" concept of the free market shouldn't be quite so "lean and mean".
This points out the problem I have with leaving the "free market" to solve issues. The free market doesn't always work to solve problems and the California blackouts/brownouts, whatever we call them are an example. I'm not saying free market doesn't ever work to solve problems, but it seems that regarding energy, which takes a lot more money than anyone company has to resolve the problem, needs a strong gov't policy of some kind to get things moving in the right direction.
Our aging grid which most agree needs updating and reworking cannot be "fixed" by any one utility, so it becomes a national problem - meaning, gov't intervention which today, no one wants. It seems the same is true if we are going to make a serious move to alternative energy sources like CTL for example or nuclear. These are highly regulated industries anyway, but to get past public opposition, it would take strong gov't action to get them moving today as opposed to waiting for "a crisis" to overcome public opposition - which I think is the worse possible way to try to solve a problem (after the fact).
Gov't action is also needed to get things moving on the individual level with hybrids, EVs, or solar. I know several small businesses that looked into solar this year to offset their rising utility costs, but the cost was so expensive, even with the little tax credits, that it still didn't justify the expenditure. More tax credits are needed, which can only come from the gov't.
Gov't action is needed more in a slowing economy than a robust one, simply bc credit begins to slow or stop for companies and individuals. Tax credits and gov't action are needed to allow a slowing economy to transition to other energy sources which would or could rebuild whole new industries and put people to work. Will that happen? I doubt it.