30 Jun 2010
Paul Walker wrote:
On June 16, the Wall Street Journal included an Op-Ed titled "Captains of Subsidy" which looked at how lobbying is affecting energy legislation. Key points: GE, Microsoft & a venture capital firm are calling for Federal R&D budgets to triple, from $5 billion to $16 billion to "fund, build and accelerate the commercialization of advanced energy technologies." The Journal wonders why a $5 trillion global energy market needs that, unless it has something to do with the budgets of GE, Microsoft, and venture capital firms. The executives also called for a cap-and-trade program to incent energy companies to buy 'advanced' energy technology products.
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Insight Consulting is based in Phoenix, Arizona; and has covered utility matters in California, New Mexico, Washington, Michigan, Minnesota, Iowa, and at the Federal Energy Regulatory Commission.
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On June 16, the Wall Street Journal included an Op-Ed titled "Captains of Subsidy" which looked at how lobbying is affecting energy legislation.
Key points:
GE, Microsoft & a venture capital firm are calling for Federal R&D budgets to triple, from $5 billion to $16 billion to "fund, build and accelerate the commercialization of advanced energy technologies." The Journal wonders why a $5 trillion global energy market needs that, unless it has something to do with the budgets of GE, Microsoft, and venture capital firms.
The executives also called for a cap-and-trade program to incent energy companies to buy 'advanced' energy technology products.