The Great Green Energy Crackup
Posted in: economics,Environment | October 23rd, 2011
Patrick Michaels has a great article today on “The Great Green Energy Crack-Up”. It outlines how so many of the promised green technologies are not panning out. To me this demonstrates how far too few people realize that the price system is an information system, and an incredibly complicated one at that. When a government comes in top down style and says X is preferable to Y, it misses untold reasons as to Y was choice #1 to begin with. Being addicted to oil is really just another way of saying addicted to a cheap and plentiful energy supply.
October 24th, 2011 at 7:30 pm
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