Group: alt.energy.renewable
From: Morris Dovey
Date: Friday, March 07, 2008 1:39 AM
Subject: Re: Energy efficiency: A bubble or a vacuum?

Energetika wrote:
>
> No one much likes hearing their industry may be in a bubble. Bubbles
> burst and it hurts. We're seeing that now in housing. So it's
> understandable that clean energy companies aren't exactly happy that
> economist Eric Janszen (itulip.com) says their industry may experience
> the next bubble. Apparently, clean energy is exhibiting bubble-like
> symptoms: It is the talk of the town, attracts investors looking to
> make quick money, and enjoys strong government support.

Producers of real solutions will probably enjoy a slow, steady
growth - and those whose aim is to make some fast money will make
or lose their bundle and depart from the scene leaving behind a
crowd of disillusioned investors/taxpayers.

It's a lot easier to spout a lot of hype than it is to produce
technological advances and worthwhile products - the "talkers"
have always outnumbered the "doers".

The politicians just love to report back to their constituants
that they've spent the tax revenue on "magic beans" that are
going to solve everyone's problems...

...and their constituants keep on believing them.

--
Morris Dovey
DeSoto Solar
DeSoto, Iowa USA
http://www.iedu.com/DeSoto/