In response to your pertinent questions:
1. This company is already a going concern, their engineers have created the product and it's effectiveness is without question.
3. Yes Eric, I'm in favor of the Chinese stealing our technology. Of course I'm not in favor of that, I'm in favor of US brain-power and engineers constantly creating technology like this and then selling it for hundreds of millions of dollars. I'm in favor of having a huge industry of innovation that generates $billions and provides high paying jobs with great benefits.
5. Viable alternative energy products are all over the place. More and more products are making their way to the American market, small stuff like solar battery chargers and other personal items as well as solar street lights which are being installed in a lot of developments near me. The country I live in gets 65% of it's power from Hydroelectric.
Here is a great example of what can happen if you don't have Oil lobbyists and close-minded people who are afraid to embrace new ideas and solutions:
"Almost half of Brazil’s energy now comes from renewable sources, he added."
"boosted employment by 25 percent and directly or indirectly created 300,000 jobs."
“Brazil supplies 48 percent of its vehicle-fuel needs from bio-fuel,” he said. “The world average is two percent. Ethanol from sugar cane has been proved to reduce greenhouse gases”
“Brazil generates 85 percent of its power from hydro generation – the world average is 16 percent. 46 percent of Brazil’s energy comes from renewable sources: triple the world average. Hydro power is the cheapest way to generate electricity in the world. The Brazilian model has created competition with the sector and produced cost-effective energy without government subsidy."
"One delegate suggested that fossil fuels were a lot cheaper than renewable energies,
Cavalcanti replied that oil would not always be cheap: “Brazil is also an oil producer. But in Brazil we also use thermal generation with gas, coal, wind power and co-generation. Our cheapest source of energy is hydro power. We produce ethanol from sugar cane, and even without a subsidy, it is 60 percent cheaper than the price of gasoline.”
http://www.afdb.org/en/news-and-even...otential-8670/
Brazil started this process a while ago with incentives and subsidies from the government and it has grown to be self-sufficient and profitable.
As for subsidies etc, here is a good article on ethanol needing subsidies to get started and then being viable without them:
"Six billion dollars in subsidies to US ethanol blenders expired last month. It came and went, like a pro athlete being hit with a speeding ticket en route to signing an endorsement deal worth some ungodly sum."
"Ethanol makers say they don’t need the payouts. “The industry has now matured to the point that it can survive without the tax credit,” assured Jeff Broin, the founder and CEO of Poet, the world’s largest ethanol producer, in response to the decision. Nor, he announced a few weeks later, would the company need the $105 million loan guarantee promised to it by the Obama administration to build a commercial-scale cellulosic ethanol plant."
"Corn ethanol technologies have improved productivity by half from 15 years ago, generating some 450 gallons per acre, says the RFA. Moreover, the fuel injects $53 billion into the US gross domestic product."
http://www.farmchemicalsinternationa.../?storyid=3430
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