30% generated by renewable energy sources, page-50

  1. 2,596 Posts.
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    Here is an important point. If renewable energies are cheaper and more efficient, why do we have to force the industry out of "non-renewables" through taxes and encourage "renewables" with subsidies? The whole dynamic of capitalism works on that industries must be efficient to stay competitive and survive. Naturally, industries find "non-renewables" to be a cheaper and more efficient means of energy. Governments interfere to create barriers to "non-renewables". If "renewable" energy was actually cheaper and more efficient, industry would have gone down that path without governments interfering and skewing markets. We have been forced onto a more expensive source of energy by making a cheap source expensive and socially abhorrent. Forced re-distribution of wealth has in effect created unnecessary inflation by forcing us onto technology that isn't ready yet, and far too inefficient. We should have left it to free-markets to determine the use of resources in the most efficient manner.
 
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