"Here is the real problem: Subsidies make solar appear
viable today, so where is the motivation for an entrepreneur to risk
money, or even focus on developing real energy alternatives when solar
is “almost” there? How can an inventor justify striving with the
effort it takes to really develop something great when he is competing
against a straw man technology which can provide power at almost the
same cost of traditional power sources today? But of course it really
The answer is he can’t justify the effort, so the next great thing is
not developing, at least not with the sense of urgency it should be.
Why enter a contest when you are competing against someone with an
unfair advantage? You may be the faster swimmer, but your competitor is
Solar subsidies are a placebo which is giving the general public a
sense of security about our energy future and is robbing the motivation
of those entrepreneurs that could actually address our energy problems.
Subsidies are much worse that just wasteful, they’re diabolical. They
lull us into thinking we have almost solved the problem and they hinder
us from seeking the real solutions."
HT: Jon Murphy