Friday, November 20, 2009
(fm the BC thread "The CRU Hack")
Tarnsman and Geeze Louise,
Conversion energy technologies like coal gasification have no natural political base in America from either side.
1) The Democrats have bought into the carbon emissions AGW story. Even if they do not understand it the simpler meme for them is Energy Companies Bad, Bush Cheney blood for oil, is impure US must not touch. No drill no dig no burn no industry. That they can wrap themselves around. But they want jobs for the working man, and working girl too when on a junket.
2) Republicans are caught up by one legacy from Reagan. He did manage to shut down the US Synthetic Fuels Corp. that was set up in 1980 under Jimmy Carter in response to the Arab oil embargo during the 1973 Mideast War. While much good work was done and the plant built still functions it was a typical wasteful government agency that laid itself open to the charge of boondoggle. Any government managed industrial enterprise probably will. The great exceptions, like the Manhattan Project, deserve study to determine what went right.
On balance I feel that if we had the right legal, tax and fiscal structures then private capital would flow to such projects, if they were worthy of development, without direct government administration.