Re: Alternative energy and the Automobile Industry
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You believe a corporations property belongs to the public? I don't. That patent was available to anyone with the know how to develop it.
If Chevron has a patent on an electric battery that will obsolete oil I think they would run with the idea as it would be very profitable. Their aim is making money not saving oil.
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I have never said that corporate property should be public. I was making the point that the profit motive doesn't always deliver the best possible solution.
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Best possible solution for who? The problem here is you profess to know the best solution. The free market directs resources to their highest and best use through the profit motive. There are other electric batteries with more promise and electric cars are coming to market, Chevron did not stop electric car innovation.
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