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By Mal (anonymous) | Posted January 28, 2014 at 11:01:37
Comparing the current stage of this shift to the years preceding the industrial revolution, Turner spoke of visionary merchants who invested in projects - such as the Erie Canal - that at the time were looked at as foolish and wasteful. In hindsight, however, those merchants who saw the changing winds of industry ultimately benefited when things really took off.
In the same manner, Turner argued that that those already invested in renewable energy are ahead of this inevitable paradigm shift."
Considering the massive government subsidies that are buying the fortunes of renewable energy, I'm not sure that the comparison to the industry-led Erie Canal is apt.
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