Monday, December 6, 2010


A lot of  commentators see "picking winners" as an automatic term of abuse.   And they can be right when what is happening is pollies deciding that X is the answer and it has to happen in a marginal electorate.  It is less dangerous when what it means is identifying the boundaries within an acceptable decision can be made and the selection criteria.
What the Chinese seem to be doing is "picking losers" (Ex: Coal fired power and dependence on oil) and then pursuing a number of alternatives.
What worries me about the Greens and Labor is that they are obsessed with renewables while not really understanding the limitations.

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