Saturday 4 June 2011

William flew nuclear 3

If a man has a stubborn and rebellious son who does not obey his father and mother and will not listen to them when they discipline him, his father and mother shall take hold of him and bring him to the elders at the gate of the town. They shall say to the elders, 'This son of ours is stubborn and rebellious. He will not obey us. He is a profligate and a drunkard.' Then all the men of his town shall stone him to death...

Blows and wounds cleanse away evil, and beatings purge the inmost being. 
The rod of correction imparts wisdom, but a child left to himself disgraces his mother.

 Deuteronomy 5:9 
"for I, the LORD your God, am a jealous God, punishing the children for the sin of the fathers to the third and fourth generation of those who hate me."
Deuteronomy 24:16
"Fathers shall not be put to death for their children, nor children put to death for their fathers; each is to die for his own sin."



William flew nuclear 3

Meanwhile, Germany's push into renewables will open a new front in the war against fossil fuels.But even if Germany helps the world by subsidising new technologies, surely it will harm its own economy by burdening it with inefficiencies and extra costs? This is the standard argument against government subsidies used by the British Treasury, for example, to emasculate proposals for a green investment bank.It is certainly true that the new German policy will impose extra costs on electricity consumers, leaving companies outside the renewable energy sector with a modest competitive disadvantage.But by the end of the decade, German industry will almost certainly lead the world in renewable energy equipment. The main competition will come from China, where enormous investment programmes in both nuclear and renewable energy are already in full swing, and from Japan, where renewables could enjoy an even bigger boost than in Germany from market-distorting subsidies and investments after Fukushima. Meanwhile, British and American manufacturers will hardly figure in this global competition if market signals, rather than government targets, determine their investment and research.US industry, for example, despite its access to leading universities and the world’s biggest government research budget, cannot invest seriously in renewables because rising electricity prices have been undercut by discoveries of abundant natural gas. 

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