Is the new regulation about cutting the amount of electricity used in the name of reusable energy? If so, there needs to be a compromise between both groups.
This was the interesting quote for me. “Government should not mandate the allocation or use of natural resources and raw materials in the production of goods.” What do you all think of this statement?
This article highlights in another industry many of the points talked about in The Banker's New Clothes. For example, there are challenges in regulation because of all the lobbyists and a similar 'revolving-door' phenomenon. Also, unsurprisingly, political will and power is a crucial element in pushing through change. I am personally happy that the renewable energy group is gaining more clout. I think energy reform could help create new jobs and make the US more self-sufficient in terms of powering our economy, both of which would be good for the economy.
This article is very encouraging to me. Whether or not renewable-energy interest groups win out in this "trench-warfare," the article makes it clear that politicians are recognizing and responding to the movement to trend away from fossil fuels.
Mark, I think sometimes governments can be very useful in developing and allocating goods. A lot of times great innovations began by some effort by the government. I am, however, a great believer in the free market and I think the free market will do just fine in producing most of the goods we need.
Is the new regulation about cutting the amount of electricity used in the name of reusable energy? If so, there needs to be a compromise between both groups.
ReplyDelete“Now more than ever is the time for states to lead the way,"... i think so too!
ReplyDeleteThis was the interesting quote for me. “Government should not mandate the allocation or use of natural resources and raw materials in the production of goods.” What do you all think of this statement?
ReplyDeleteThis article highlights in another industry many of the points talked about in The Banker's New Clothes. For example, there are challenges in regulation because of all the lobbyists and a similar 'revolving-door' phenomenon. Also, unsurprisingly, political will and power is a crucial element in pushing through change. I am personally happy that the renewable energy group is gaining more clout. I think energy reform could help create new jobs and make the US more self-sufficient in terms of powering our economy, both of which would be good for the economy.
ReplyDeleteThis article is very encouraging to me. Whether or not renewable-energy interest groups win out in this "trench-warfare," the article makes it clear that politicians are recognizing and responding to the movement to trend away from fossil fuels.
ReplyDeleteMark, I think sometimes governments can be very useful in developing and allocating goods. A lot of times great innovations began by some effort by the government. I am, however, a great believer in the free market and I think the free market will do just fine in producing most of the goods we need.
ReplyDelete