Originally posted by: Harvey
Originally posted by: Hayabusa Rider
Why don't they throw 1/10 the effort into subsidizing things like
this? as they do their pet health care legislation?
Nobody's arguing for health care for anyone's pets.
Apparently, Dow Chemical has figured out how to make solar shingles economically viable without government subsidies. Why are you complaining when there's a chance something in the great free marketplace of ideas actually works to everyone's advantage without government intervention?
"We're looking at this one product that could generate $5 billion in revenue by 2015 and $10 billion by 2020," Jane Palmieri, managing director of Dow Solar Solutions, told Reuters in an interview.
If this is now a proven technology, local, state and federal government subsidies to speed adoption and installation would be a great idea, and many government bodies are already doing exactly that. My local Los Angeles Department of Water and Power gives rebates for purchasing an energy efficient refrigerator or water heater and a further rebate for hauling away the old energy hog it replaces. They also offer financial incentives for installing other current technology for solar rooftops. There's no reason they shouldn't extend that policy to Dow's new system.
The basic improvements, here, are greater efficiency, which is a constant goal, and integration of the photovoltaic conversion materials into the building materials, instead of bolting them onto older construction methods, which makes them easier to integrate into architectual designs.
Dow has other darker corners in their past, such as Bopal, but hats off to them for this one. :thumbsup:
Why be a one trick pony party?
Dow's self-financed achievement leaves more scarce government resources available to underwrite other promising technologies that aren't as far along in development and marketing.