Home > Uncategorized > A Sad Green Story – NYTimes.com

A Sad Green Story – NYTimes.com

October 19, 2012 Leave a comment Go to comments

All in all, the once bright green future is looking grimmer. Green tech is decidedly less glamorous, tarnished by political and technological disappointments.

The shifting mood was certainly evident in the presidential debate this week. Global warming was off the radar. Meanwhile, President Obama and Mitt Romney competed to see who could most ardently support coal and new pipelines. Obama is running radio ads in Ohio touting his record as a coal champion.

This is not where we thought we’d be back in 2003.

Global warming is still real. Green technology is still important. Personally, I’d support a carbon tax to give it a boost. But he who lives by the subsidy dies by the subsidy. Government planners should not be betting on what technologies will develop fastest. They should certainly not be betting on individual companies.

This is a story of overreach, misjudgments and disappointment.

via A Sad Green Story – NYTimes.com.

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