Friday, December 14, 2007

If green tech is so great, why does it need subsidies?

Securing foreign oil dependency isn't a subsidy?

I was watching CNBC's energy bill coverage this morning when I wanted to throw my shoe at the TV. A view was presented on the segment which I often hear, 'If green technology, such as hybrid cars or solar power, is so great, why do these technologies need subsidies'?

As if oil, for example, is subsidy free. Read more...

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