Monday, January 7, 2013

Stop Gambling With Companies! You Can't Pick Winners!

The government is at it again.

How long have we lived in houses? How long have we striven to weather-proof our homes to keep our energy bills down? There is a vibrant market for making a house energy efficient, is there not?

Then why is the Solyndra debacle being repeated? Why is the government "investing" in companies of their choosing to create efficient heating, cooling, and weatherizing technologies? Of all the companies that do this sort of development the government has given $9.5 million to 6 companies/universities to develop products.

What is even worse is that the products invested in are predefined. Not only has the government interfered with the market by giving a few companies in a large market money, but they are deciding what should be developed instead of letting the market decide. If the end products do not meet the stated goals then people will probably not want them. Even if the products do meet the stated goals the people still may not want them.

Basically, the DOE is gambling in the market again with $9.5 million dollars picking companies and products they want in an industry that has been around for a long time. How did they not learn from Solyndra? How can they not realize that "if you build it they will come" is just a fantasy from a movie!?

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