There is no better time. The energy void is there, the worldwide market is there. Waiting until we think the economy is right means someone else wil take the lead
The Government has always taken the lead in key research and development. We did it with aircraft, communications, medicine, space........why isn't energy worth the risk
Energy IS worth the risk.
But sadly we are in no position to take the risk.
Sure..China can take the risk...they pay their workers enough money to buy enough rice for one meal a day fgor a family of 4....
But we have a 15 trillion dollar debt. We can not risk.
Take Solyndra....maybe that half a billion dollars could have assisted some people who were about to lose their homes?
Just sayin'
All new technologies have their risk. When oil was first emerging as an energy source, you had to drill ten holes to get one to pay off. There was no market, there were failures......but it eventually paid off big time
I just can't understand why anyone would celebrate theses failures. Solyndra failed and the right gloated, the Chevy Volt had recalls and it was lead story on Fox for weeks.
Since 1975 we have seen the need to develop new technologies to replace oil technologies. Every time there is an oil crisis we scream for new technologies and then dump them as soon as cheap oil is flowing again.
Energy is not a political issue, it is for the better of all Americans