Unless you live in the jurisdiction of a Kalifornia politician.
IN that case they are buying the water rights to shut it off for agriculture irrigation. If you don't live in a desert yet you soon will.
I don't mind gvt investment in some business. Orphan drugs as an example are things that need investments but the market is so small that it is hard to find private capital for R&D .
But generally ;if it's worth doing then there is private money available .Solar power ? You don't think Jeffery Immelt isn't there already with his hand out ? I would be if the government was going to give me money for things I'm doing anyway.
Wind ? The problem with wind is the availability of rare earth minerals .The magnets used to manufacture a 3 megawatt wind turbine contain two tons of rare earth minerals .
Everyone thinks we will achieve so called "energy independence" with it ,but we will still be dependent on cartel like nations for stuff like neodymium....
from China in particular .
I already linked this article in Atlantic once before when this topic came up . But it's worth reading if you haven't yet.
Clean Energy's Dirty Little Secret - Magazine - The Atlantic
