Really. I hope it works out. But the track record is not very good.
How many millions has the taxpayer spent on fed funded research into the hydrogen economy?
The result? A big hole in our pocket.
How about the fed/california initiative to get zero emission/electric cars into the mainstream?
Go read about "Who Killed the Electric Car":
Who Killed the Electric Car? - Wikipedia, the free encyclopedia
Anybody remember the feds encouraging development of solar power back in the 70's and early 80's? How did that turn out? Oh yeah, it practically killed the industry by the time it was over.
What about all the many many many millions of dollars the taxpayer spent on fusion research?
Oh yeah, a big fat goose egg. That's what we got out of that.
What about president Obama's proposal that we totally modernize our electric distribution system with all that stimulus money to take better advantage of wind and solar?
The money is gone, but the grid is not smart yet.
I figure if the idea is that good, the private money will bring it to market successfully.
Maybe this one will be different.
I hope so.
troy