Why should the government provide this kind of financing and not private investors?I mean I understand in theory that since the markets aren't perfect, we might be smart to meddle a bit to level the playing fields, but I worry about the government's definition of "promising." There must be thousands of projects that could be supported, all of which probably have reasonable arguments why their technologies are THE magic beans, and the government can't finance them all. Who make the investment decisions? How are they made? And do these people have successful track records?Sorry to be skeptical. I would absolutely love to see the best of these technologies get to market and make their contributions to the energy revolution, but I have some fears about the government's ability to make good investments.
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