the news from bush's speech...H-power

[Bill Frantz]

At 3:43 PM -0800 1/29/03, Tim May wrote:
>On Wednesday, January 29, 2003, at 03:18  PM, Bill Frantz wrote:
>> Back a few years ago, probably back during the great gas crisis (i.e.
>> OPEC)
>> years, there were a lot of small companies working on solar power.  As
>> far
>> as I know, they were all bought up by oil companies.  Of course, only a
>> paranoid would think that they were bought to suppress a competing
>> technology.
>
>...
>
>The issues are complex, but have zero to do with leftie fantasies about
>oil companies suppressing technologies.

I agree, as I said above.  At most the purchase of these companies may have
slowed research by not providing as much funding.  More likely it speeded
research by providing a sponsor with a longer term view than the public
capitol markets.

Cheers - Bill


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