Comments on: A Federal Investment Bank For Renewable Energy http://cleantechnica.com/2008/12/10/a-federal-investment-bank-for-renewable-energy/ Clean Tech News & Views: Solar Energy News. Wind Energy News. EV News. & More. Fri, 25 May 2012 22:41:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Lloyd Weaver http://cleantechnica.com/2008/12/10/a-federal-investment-bank-for-renewable-energy/#comment-3612 Lloyd Weaver Fri, 06 Mar 2009 16:59:49 +0000 http://cleantechnica.com/?p=1668#comment-3612 Under Obama, things are going in Mr. Curtis’s direction, which is the correct one. The problem now is the Great Plains, which has no grid infrastructure, wholesale market, and lesser wind quality than offshore east coast and Great Lakes is getting all the attention. An energy plan that includes natural gas is good thing. However, near term jobs are where the grid, wholesale market structure, and better winds exist, some 178 million eastern US electric customers. New offshore wind turbine and fast deployment IP is available that can make it happen very economically for the folks back east. The problem is getting folks to act on it. Lloyd Weaver, Harpswell, ME Under Obama, things are going in Mr. Curtis’s direction, which is the correct one. The problem now is the Great Plains, which has no grid infrastructure, wholesale market, and lesser wind quality than offshore east coast and Great Lakes is getting all the attention. An energy plan that includes natural gas is good thing. However, near term jobs are where the grid, wholesale market structure, and better winds exist, some 178 million eastern US electric customers. New offshore wind turbine and fast deployment IP is available that can make it happen very economically for the folks back east. The problem is getting folks to act on it. Lloyd Weaver, Harpswell, ME

]]> By: Lloyd Weaver http://cleantechnica.com/2008/12/10/a-federal-investment-bank-for-renewable-energy/#comment-21281 Lloyd Weaver Fri, 06 Mar 2009 16:59:00 +0000 http://cleantechnica.com/?p=1668#comment-21281 Under Obama, things are going in Mr. Curtis’s direction, which is the correct one. The problem now is the Great Plains, which has no grid infrastructure, wholesale market, and lesser wind quality than offshore east coast and Great Lakes is getting all the attention. An energy plan that includes natural gas is good thing. However, near term jobs are where the grid, wholesale market structure, and better winds exist, some 178 million eastern US electric customers. New offshore wind turbine and fast deployment IP is available that can make it happen very economically for the folks back east. The problem is getting folks to act on it. Lloyd Weaver, Harpswell, ME Under Obama, things are going in Mr. Curtis’s direction, which is the correct one. The problem now is the Great Plains, which has no grid infrastructure, wholesale market, and lesser wind quality than offshore east coast and Great Lakes is getting all the attention. An energy plan that includes natural gas is good thing. However, near term jobs are where the grid, wholesale market structure, and better winds exist, some 178 million eastern US electric customers. New offshore wind turbine and fast deployment IP is available that can make it happen very economically for the folks back east. The problem is getting folks to act on it. Lloyd Weaver, Harpswell, ME

]]> By: www.GreenPoliticsNJ.com http://cleantechnica.com/2008/12/10/a-federal-investment-bank-for-renewable-energy/#comment-3611 www.GreenPoliticsNJ.com Thu, 11 Dec 2008 21:51:29 +0000 http://cleantechnica.com/?p=1668#comment-3611 Don't we already have emerging federal investment banks in the form of big government "credits" for things like solar panels. When you're talking about grants equaling 1/5 - 1/3 the cost of the project, you've got something pretty significant. Don’t we already have emerging federal investment banks in the form of big government “credits” for things like solar panels. When you’re talking about grants equaling 1/5 – 1/3 the cost of the project, you’ve got something pretty significant.

]]> By: www.GreenPoliticsNJ.com http://cleantechnica.com/2008/12/10/a-federal-investment-bank-for-renewable-energy/#comment-21280 www.GreenPoliticsNJ.com Thu, 11 Dec 2008 21:51:00 +0000 http://cleantechnica.com/?p=1668#comment-21280 Don't we already have emerging federal investment banks in the form of big government "credits" for things like solar panels. When you're talking about grants equaling 1/5 - 1/3 the cost of the project, you've got something pretty significant. Don’t we already have emerging federal investment banks in the form of big government “credits” for things like solar panels. When you’re talking about grants equaling 1/5 – 1/3 the cost of the project, you’ve got something pretty significant.

]]> By: Susan Kraemer http://cleantechnica.com/2008/12/10/a-federal-investment-bank-for-renewable-energy/#comment-3610 Susan Kraemer Thu, 11 Dec 2008 04:04:47 +0000 http://cleantechnica.com/?p=1668#comment-3610 Chacon a ca gout...me, I think it is a great idea. But then I grew up with that socialised medicine...I thought that was great too. So, I'm biased. And I see how far ahead Europe is in renewables. This would help us catch up. Chacon a ca gout…me, I think it is a great idea. But then I grew up with that socialised medicine…I thought that was great too. So, I’m biased.

And I see how far ahead Europe is in renewables. This would help us catch up.

]]> By: Susan Kraemer http://cleantechnica.com/2008/12/10/a-federal-investment-bank-for-renewable-energy/#comment-21279 Susan Kraemer Thu, 11 Dec 2008 04:04:00 +0000 http://cleantechnica.com/?p=1668#comment-21279 Chacon a ca gout...me, I think it is a great idea. But then I grew up with that socialised medicine...I thought that was great too. So, I'm biased. And I see how far ahead Europe is in renewables. This would help us catch up. Chacon a ca gout…me, I think it is a great idea. But then I grew up with that socialised medicine…I thought that was great too. So, I’m biased.

And I see how far ahead Europe is in renewables. This would help us catch up.

]]> By: Bruce Curtis http://cleantechnica.com/2008/12/10/a-federal-investment-bank-for-renewable-energy/#comment-3609 Bruce Curtis Thu, 11 Dec 2008 00:41:02 +0000 http://cleantechnica.com/?p=1668#comment-3609 This is a question of socializing an industry; the European model functions with varying degrees of success, but the real question is whether America is ready for a wholesale socialization of the green industry. I don't think Americans are ready to make the Government a profit-sharing partner in private enterprise. Look at our track record of failures, starting with Amtrak and stretching to the Postal Service, even California's failed diamond lane traffic management experience. Lawyers and career politicians rarely have the knowledge and business acumen to run a profit-making business. In a free market, incentives to nascent industries should take the form of tax and regulatory relief, removing obstacles and roadblocks that stand in the way of developing green energy. If government must provide funding, let it take the form of seed money guarantees only; that way private lenders will risk capital loans. This is a question of socializing an industry; the European model functions with varying degrees of success, but the real question is whether America is ready for a wholesale socialization of the green industry. I don’t think Americans are ready to make the Government a profit-sharing partner in private enterprise. Look at our track record of failures, starting with Amtrak and stretching to the Postal Service, even California’s failed diamond lane traffic management experience. Lawyers and career politicians rarely have the knowledge and business acumen to run a profit-making business.

In a free market, incentives to nascent industries should take the form of tax and regulatory relief, removing obstacles and roadblocks that stand in the way of developing green energy. If government must provide funding, let it take the form of seed money guarantees only; that way private lenders will risk capital loans.

]]> By: Bruce Curtis http://cleantechnica.com/2008/12/10/a-federal-investment-bank-for-renewable-energy/#comment-21278 Bruce Curtis Thu, 11 Dec 2008 00:41:00 +0000 http://cleantechnica.com/?p=1668#comment-21278 This is a question of socializing an industry; the European model functions with varying degrees of success, but the real question is whether America is ready for a wholesale socialization of the green industry. I don't think Americans are ready to make the Government a profit-sharing partner in private enterprise. Look at our track record of failures, starting with Amtrak and stretching to the Postal Service, even California's failed diamond lane traffic management experience. Lawyers and career politicians rarely have the knowledge and business acumen to run a profit-making business. In a free market, incentives to nascent industries should take the form of tax and regulatory relief, removing obstacles and roadblocks that stand in the way of developing green energy. If government must provide funding, let it take the form of seed money guarantees only; that way private lenders will risk capital loans. This is a question of socializing an industry; the European model functions with varying degrees of success, but the real question is whether America is ready for a wholesale socialization of the green industry. I don’t think Americans are ready to make the Government a profit-sharing partner in private enterprise. Look at our track record of failures, starting with Amtrak and stretching to the Postal Service, even California’s failed diamond lane traffic management experience. Lawyers and career politicians rarely have the knowledge and business acumen to run a profit-making business.

In a free market, incentives to nascent industries should take the form of tax and regulatory relief, removing obstacles and roadblocks that stand in the way of developing green energy. If government must provide funding, let it take the form of seed money guarantees only; that way private lenders will risk capital loans.

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