egoldstein says: Though the side effects of the economic collapse are enormous, prehaps none is more disappointing than than the devastating effect it is having on the world's committment to renewable energy. If you compare today to a year ago, the heat on the sector has diminished greatly! In the long run, that may be the most damaging side effect of this period. A correctly placed subsidy can rouse many an entrepreneur. While there are not as many stories of alternative schemes, some countries are using their bailout money to put some into this area. The US has money put aside for alternative cars and will be doling out billions soon. Some of our bailout money has gone to alternatives. Slowed down but not stalled. Yet. |
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