by Sam Hieb
Not me saying it—none other than the New York Times—-not exactly a right-wing rag:
….“We haven’t totally figured out exactly what the business models are going to look like, for who wins and who loses,” said Jason Bordoff, director of the Center on Global Energy Policy at Columbia University.
…..”This is going to be a big industry globally, but we’re stumbling and bumbling to get there,” said Erik Gordon, a clinical assistant professor at the Ross School of Business at the University of Michigan. “If they weren’t trying to beat each other to the next rooftop they wouldn’t be needing to do this financial engineering.”
There’s been lots of moaning and groaning among liberal newspaper columnists over efforts by Republicans in the General Assembly to roll back renewable energy initiatives. But does it really make sense to put taxpayers and consumers on the hook for an industry that’s still—how did the Michigan professor put it—‘stumbling and bumbling’?