Green Energy -- wake up and smell the Cappuccino
From
Reuters:
Green Energy Sector Should Stop Squabbling - Banker
The green electricity sector must stop squabbling or risk being picked off piecemeal by the entrenched nuclear and fossil fuel industry, a leading investment banker said on Thursday.
Tom Murley, director of HgCapital, told the second annual Wave and Tidal Energy Conference it was not so much about saving the planet from global warming as about market share.
"The renewable industry needs to stand together or fall individually," he said. Instead of arguing which method of green power generation was the best, they should support each other.
Murley said every watt of power sold to the electricity networks by the renewable sector was one that the established nuclear and fossil fuel powered generators could not sell.
They were in it for the money, so should the green electricity industry be, he said. It was a straightforward commercial fight.
Very well put -- the Greenies have been operating from a perceived moral high-ground where they don'[t have to make economic sense or think things through scientifically but just have to be non-petroleum and "green". It's time they woke up to the fact that economics is what drives the planet and they need to become effective to succeed.
Posted by DaveH at March 3, 2005 4:03 PM
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