The Business of Green
by Lloyd Alter, Toronto on 05.17.06
The New York Times has an entire section today on the Business of Green- speaking of Ford and GE: "These industrial Goliaths want to be Jolly Green Giants. They have investors to impress and public images to maintain so that they can pursue high-profile projects that need government approvals. They may also have profit motives; most of the green technologies that make money now are profitable only because of government tax incentives or subsidies. But if oil and natural gas become expensive enough, some technologies could become commercially viable on an unsubsidized basis." Lots of interesting articles and a full page Wal-Mart ad that pretty much could have been our earlier post today, secret speech and all. Timing is everything. ::New York Times
The NY Times section also covers the city of Chicago's green initiatives and holds them up as a model for the modern metropolis...
"some technologies could become commercially viable on an unsubsidized basis.
I guess they forgot to mention that oil & gas receive billions of dollars in subsidies. At least if the playing field was level, or better yet, if governments subsidized clean technologies the same way they subsidized dirty ones for decades...
MGR you beat me to it! You hit it on the head when you write
"I guess they forgot to mention that oil & gas receive billions of dollars in subsidies. At least if the playing field was level, or better yet, if governments subsidized clean technologies the same way they subsidized dirty ones for decades..."