Monday, August 11, 2008

The solar revolution continues?

Now here's news: many of the Nation's larger retail chains are racing to install solar panels on the roofs of their buildings. Granted, it seems they want to do so in time to get a huge tax break. Even so, why is that bad? Government incentivised good, environmentally friendly behavior, and it worked!
I know, they should have done it because it is good for the environment. economic cost shouldn't be an issue. but to private business, who exist to make profits in the short term, cost is an issue. Sure, you'd expect Whole Foods to do this (and why they haven't done it nationally is a bit of a mystery), but WalMart? My guess is they not only figured the cost of the tax break, but looked at rising utility rates and decided to run their bottom line down by reducing grid reliance.
Look, if we are going to be successful at moving away from burning fossil fuels for electricity, and we need to, doesn't it make good business sense to create a climate where business makes money by doing so? Isn't that capitalism at its finest?

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