VikingsGuy
Well-known member
"Pure" markets don't exist. But there is a big difference between the normal government meddling with tax incentives and purposefully driving out of the market of the currently most effective/efficient energy source.I agree free markets would be great, but we have to be honest and say they don’t exist. Never have. We have a lot of economic “nudging”. O&G gets tax incentives that benefit smaller players. The entire MLP industry was built on a special tax benefit. Ethanol gets a special tax break. And we know solar, wind, etc. have them. Despite that solar has still come down in cost enough to replace coal. Previous admin put a tariff on China solar panels or the cost would be even lower.
Free markets are a dream and the working American pays the country’s bills. You could argue free markets are the reason manufacturing moved to China. That is how we got better, cheaper alternatives in almost everything. At some point, the tradeoff is we have to pay more for the outcome we desire. Better to do it slowly than be forced to do it later.
And ethanol is a mess - a mess driven not by rational market energy choices, but by misplaced belief that it was net renewable and a supplement to farm policy. Solar is on a similar path - a politically driven choice with a horrible total life cycle/impact story.