speculawyer
Member
The department of Energy is the place where this has happened. And clearly the results have been mixed. Solyndra crash & burned . . . but the reason they crashed & burned is because the industry overall has created really really cheap solar panels. The biggest impediment to solar these days is the cost & hassle of getting permits and the labor to install them. Other than that, they are really a no-brainer on any home.I would like to see more investment in the sciences.
I don't think the free market is ideal for all technological development because of the lengthy development pipeline. I favor the government making prudent investments now before market forces demand technology-driven solutions to our problems.
Fisker automotive was also another not-so-good decision, IMHO. But there were not many companies to choose from.
The Volt has been available for a year and did not meet the yearly sales target. Many are decrying it as a failure. I feel it is a great start for a long-term platform.
Energy is a critical technology these days. And we are stuck in a trap. Oil is getting more and more expensive but electric vehicles as a replacement are still very expensive and provide a solution that is not as good. Solar power has had great break-throughs . . . but natural gas prices have plummeted due to the shale gas revolution such that even though solar is much much better (and wind too), they both struggle.