Who are these "financiers?" Taxpayers? Invisible rich men? Investment houses holding your pension funds? How come vencap has money when banks won't loan, and whose getting that vencap funding?
I expect this "market" to turn out much like ethanol-- after the government has poured billions of your money into constructing the damn thing. The only sensible solution is the plan to elimante 80% of the world's useless eaters. That's the only way this crap makes sense.
"Raising capital for rays of energy; Venture firms fuel varied designs of solar cell start-ups" by Scott Kirsner | December 14, 2008
.... Over the past four years a roaring torrent of cash has been funneled into companies developing photovoltaic materials. According to Cambridge-based Greentech Media, a research firm, roughly $4.5 billion has been invested in about 150 solar start-ups in that time frame.
Does that sound like a bubble?
Bob Metcalfe, an investor at Waltham's Polaris Venture Partners, isn't afraid to call it that. "We saw that there was a solar bubble," he says, referring to the investments that were pouring into solar start-ups (which have since slowed to a trickle).
--more--"You know, if it is SO DAMN IMPORTANT to national security and the environment, and it is the wave of the future, WHY THEY PULLING FUNDING and INVESTMENT? I'm TIRED of the FRAUDS!!!!!!
