Thursday, March 5, 2009

The Next Big Oil: Big Smart Grid?

http://www.treehugger.com/files/2009/03/smart-grid-new-big-oil.php

Photo via the New Republic

smart grid new big oil photoIt's a widely held notion that politicians have long been in the pocket of Big Oil. And there's good reason for that perception: oil companies' huge campaign donations, vast lobbying power, and close ties to politicians have ensured that their taxes remain low, that hidden subsidies are around to provide extra funding, and that they receive preferential treatment in US energy policy. But there could be a new, greener 'Big Oil' coming to town that politicians owe their favors to—'Big Smart Grid'.