Trakar
VIP Member
- Feb 28, 2011
- 1,699
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Your alternative sources are heavily subsidized. Yet you don't oppose that.
Did you have a point?
Actually, I do oppose the government subsidization of any private profit-making venture; that practice undermines the basic economic principles of a free-market system, and is a corporate welfare system designed to create and sustain market failures. I consider short-term start-up assistance to be a bit more palatable but only barely so, and would prefer that ventures do their own financing rather than progressing to the point of having their record breaking profits being underwritten by the dole of taxpayer monies.
Then you acknowledge that your alternative sources aren't economically feasible without being propped up by the government.
And you want to do away with coal in favor of these?
Please indicate anywhere that I indicated or implied that "alternative sources aren't economically feasible without being propped up by the government."
What I said is that government subsidies of private ventures designed to generate private profits "undermines the basic economic principles of a free-market system, and is a corporate welfare system designed to create and sustain market failures."
Not making the coal industry pay the public costs of its product's environmental damages, are also demonstrative of inefficiencies and market failures.
In a free and functional market, there would be no government subsidization of any company's profits, and all participants in the market would be obligated to cover all of the the costs (private and public) of their services and products before they earn profits on those services and products.
There are multiple clean energy alternatives (including nuclear, IMO) which could be viable and competitive with fossil fuels under viable and functional free market conditions.