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Paging Spanky
Quote:
Originally posted by sgtclub
I know, and that is why I say "may." The problem is that with experimental technologies, the costs and the risks of failure or inefficientcy is very high, though the magnitude of potential success is also very high. In areas of such import as energy, I think it may be beneficial to encourage more entres into the industry in order to increase the chances of success by mitigating, at least to a small degree, the costs involved.
The pharm/biotech industry has a great model in this regard. Many of the assets/technologies are developed by the universities and then licensed or sold to private companies in the development/exploitation stage. Not sure if this is done in the energy industry.
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I am not sure either. I have a friend who is a CEO of an alt energy company. I am going to see him next weekend. I'll ask and report back.
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