Sunday, June 17, 2007

Newsflash! - UK Government squanders more intellectual wealth

This time its not hovercrafts or computers but carbon capture and sequestration technology. We've already thrown away our world beating lead in wind turbine technology and now we're letting CCS projects lapse for lack of government investment. The same almost happened to wave power technology 30 years ago.

Why does this happen? Are our leaders and rulers so utterly fucking ignorant of the process of investment and return and this big climate change hootenanny that they are prepared to let an opportunity such as that described my Robin McKie slip by? Didn't The Stern Report make the point, clearly and concisely, that combatting climate change is actually an economic opportunity and not a threat? Why does the fucking government spend millions on researching white papers and then completely ignore them!!!!


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