16 Nov '11, 3pm

The Capitalist Case for Why Solar Subsidies Make Sense #solar

From renewables getting one tenth of the support that nuclear did in its infancy to conservative economists decrying the economically disastrous impact of coal , the world is not short of arguments for why supporting renewables makes sense from an economic, as well as environmental, perspective. Still, it's good to see that case being made over at Investors.com, where Rhone Resch argues that pure free market economics have never been a part of America's energy policies : As America grew into an industrial power over the last 150 years, the federal government played an indispensable role in developing the nation's energy resources. Private-sector energy industries — from 19th-century coal through 20th-century oil, natural gas and nuclear energy — have been launched and sustained through supportive federal policies. Recognizing the benefit of accessible energy for all Americ...

Full article: http://www.treehugger.com/energy-policy/capitalist-case-w...

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