Abstract
Why would anyone believe that more government funding for energy (Congressman R. Holt, Editorial, 30 July, p. 662) is the responsible position? If any subject cries out for a market solution, it is energy, because it cannot be isolated and it interacts with everything in society worldwide. Americans love to compete and love to make money in entrepreneurial endeavors. The government should provide the regulatory framework and incentives (not risk-free money). Some selected government-funded R&D is necessary, but let us not return to the days when everything was funded twice and three times over (as in the case of the “new generation of vehicles”). I worry that irrational funding decisions may do just the opposite of what is intended, namely, provide sound information on which to make progressive societal decisions.
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