ENST 201 1st Edition Lecture 31 Outline of Last Lecture I Markets Scaling Up II Feed in Tarif III Student Activism Outline of Current Lecture II Cooperatives III Regulatory Change Current Lecture These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute I Cooperatives a People working together to accomplish task that could not be accomplished alone i Used to be part of the economic landscape ii But are now viewed as socialist eforts in America b Americans have lost the ability to dream about what a better America would look like c Solar panels 99 price drop and 90 drop in wind shore land LED lights 85 price drop i All these prices continue to drop German Feed in Tarif helped the prices of solar panels and wind shore prices to go down ii Scale up have very high prices at first market towards the upper class and early adapters 1 Prices start to decrease due to competitors entering increase in efficiency and increase in customer base iii Dumping when you destroy competition by selling products under the price of production iv NO reason to give mature industries subsidies 1 But oil and gas industry is still given subsidies because they are hardwired in the tax codes d Big think tanks are trying to destroy renewable energies i Example Koch brothers they get most profits from oil and gas industries they killed cap and trade legislation are putting down alternative fuels they allow subsidies for oil and gas but don t allow it for alternative energies e Research subsidies many believe research should be stay in the private sector f Subsidies can be distorting and bad if they don t go away II Regulatory Change a Japan s advantage over US i Japan is more focused on being efficient whereas efficiency in US is criticized by being wrong and that government needs to step out ii Japan is regulated which makes them very efficient iii 1991 East and West Germany was separated and West Germany was kept as communist side 1 East Germany was way behind and had a lot of debt when the wall came down 2 Money was made from pollution tax to pay of debt iv Duke energy is facing huge problem with where to put coal ash in Germany it is made harmless and put into construction now landfills are banned in Germany
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