Once upon a time companies researched and developed new ideas in the hopes of discovering new processes and products that would be profitable. The free market determined which were successful and which weren?t.
Today, the government gives tax revenue to some companies to develop new processes and products, but not to others. Today, government also creates markets for some ideas and not for others.
North Carolina?s newest Green Business Fund gives $1 million of taxpayer money for industry the government has created with energy efficiency and renewable energy requirements. See the Triangle Business Journal report here.
I want my money back.
