Thursday, January 11, 2007

Private Solar Funding

Billionaires and other uber-rich can have a huge impact on where our country, and world, is headed. Ted Turner is partnering with New Jersey solar company, Dome-Tech Solar, to bring solar energy to the California markets. Since Gov. Schwarzenegger committed the state to creating over 3,000 megawatts of new solar energy, this market could be substantial.

The question is, how come the gov't can't give substantial sums of money to promote the R&D of solar and wind energy? Well, if we're giving anywhere between $8.6 and $11.3 billion every year in subsidies to big oil, imagine what half of those figures could do for solar power.

How much solar power are we wasting? Alot...

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