Tuesday, June 4, 2013

QOTD

Patrick Jenevein, chief executive of wind-farm developer Tang Energy Group, believes that research and development has been a casualty of the pursuit of subsidies - resulting in a less efficient product.

"Without subsidies, the wind industry would be forced to take a hard fresh look at its product. Fewer wind farms would be built, eliminating the market-distorting glut," Jenevein wrote in the Wall Street Journal in April.

"And if there is truly a need for wind energy, entrepreneurs who improve the business's fundamentals will find a way to compete," he added.  

Market forces demand lean, innovative future for supply chain

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