
"Will the Stimulus Help Wind and Solar?"
Comment
It is clear that Americans will prove to be rather polarized on an issue like renewable energy and its subsidization during the economic downturn (see: this post’s comments). This is a logical response, considering that an economy like the one the U.S. is experiencing is, by nature, frightening to both investors and individual consumers. For this reason, alternative energy’s needs as a fledgling industry may be at quite a disadvantage. Therefore, there are some facets of green energy’s investment climate (no pun intended) that I would like to address.
First, I would like to point out that those who are considering investments in the green energy industry are still most likely looking at a long term benefits picture despite the years of extreme growth that the industry experienced before the recession hit. The statements you have made regarding the stimulus package’s inability to produce an immediate rebound for companies like Renewable Energy Systems Americas are significant: I have serious doubts that any developments (short of every American suddenly feeling financially secure and spending vast amounts of their savings) in the near future will produce a macroeconomic miracle. Thus, it is important for any potential investor to realize the concrete benefits green energy industries are receiving through the stimulus package, yet not expect too much, if we have any hopes of giving companies like Mr. Kruse’s the capital they need to move forward with these technologies.
Second, and more succinctly, I would like to voice my optimism for the prospects of alternative energy in general. Jack Lesard raised an important point when he assured another commenter that coal is also subsidized; the notion that we are subsidizing an “expensive” industry is absurd, as our government does indeed have “Big Energy” in mind, and whether that means solar, wind, nuclear, or coal is pretty much irrelevant, considering that many of these industries are mixed. For many reasons, I feel that alternative energy gives America an opportunity to create jobs when they are desperately needed as well as allows us to secure a cleaner future for our children. I would appreciate any opinions you (or other posters) might have regarding alternative energy’s ability (or inability) to help the U.S. out of its economic rut.
"Wind vs. Nuclear Energy: Wind Power Deemed Far More Dangerous"
Comment
The article you have cited here seems to reek of interest group mentality-something you appear to have noticed as you dub those involved “spin-mysters.” I appreciate your bringing this article to the TreeHugger community so it may be discussed by an audience other than The New American’s.
It has been widely addressed in the comments prior to mine that the statistics gathered by the original article are skewed and inaccurate, and this is important to realize. As the first poster pointed out, The New American (see below right) is an affiliate of the John Birch Society, and following a few easy-to-find links informs us that this organization endorses continued development of coal power as well as increased harvesting in Alaska. Thus, as
To conclude my comment, I will offer my own opinion on the matter. It appears to me that, just like any other emerging market, the alternative energy industry will be characterized by different companies (solar, wind, nuclear, geothermal) competing for investors and government subsidies, and these companies will undoubtedly publish negative findings about other sources in order to secure these benefits for themselves (and I thought we had just left the election behind). However, if there is anything that I have learned about the future of alternative energy, it is that it cannot be perfectly focused. If we are going to devote ourselves to a cleaner future, we must realize the risks and deficiencies of each source, whether these manifest themselves as a nuclear meltdown or simple noise pollution. Thus, it is my opinion that we need not make the alternative energy industry a zero-sum game; every new source has its benefits and its drawbacks and we must produce a comprehensive plan for it to work.