Monday, January 25, 2010

Google Public Policy Blog: Finance clean energy, Mr. President

Google Public Policy Blog: Finance clean energy, Mr. President: "Along with other entrepreneurs, investors and industry stakeholders, we wrote a letter urging President Obama to craft a jobs package that includes the creation of a Clean Energy Deployment Administration (CEDA). Swift enactment of CEDA will create jobs in 2010 and also position the U.S. as a global leader in the development and deployment of clean energy technologies for years to come."

Government financing usually makes something worse because it is so much less efficient that the market and its choices are usually political. For the sake of clean energy, please don't finance clean energy, Mr. President.