Lake Martin Topics: Good news, business as usual!
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Welcome, Guest Select View Mode: [ classic | beta | recent ]
Name:   Lifer The author of this post is registered as a member - Email Member
Subject:   Good news, business as usual!
Date:   2/20/2013 3:25:14 PM (updated 2/20/2013 3:40:40 PM)

A new process for extracting energy from coal without any CO2 emissions has been found.  See the link below for the full story.  It has an Alabama connection in so much as it is to be tested large scale here.  The article doesn't say specifically where.  It did strike me a as little strange that it will be tested here, when it was developed at Ohio (coal capital of the world) State University.  I am certain that Alabama being a right to work state and Ohio a union stronghold played absolutely no role in that decision. (SARCASM /off)

Here's what rubs me the wrong way.  The process was developed at a state university with federal money, but the lead professor is looking to patent up to 35 different processes used in the new method.  If taxpayer money was used the revenues should go back to the taxpayer IMHO.  In the private sector if you develop a new process related to your work the employer owns it and can choose to use it with or without compensating the innovator.  My Father and my best friend did just that for the companies they worked for.  Each one saved the company millions over the years.  They each got an "attaboy".  Not saying that is wrong.  In fact, I believe it to be the proper response from the company.  So why is it that taxpayer employees can profit from the work we pay for other than a bloated salary and benefit package?  That is a rhetorical question of course.  And for those that would argue that not allowing the profits would stifle innovation and research, I say hogwash!!  You want to make a fortune with your research, go to the private sector and raise the money.  There are plenty of private equity funds that would pay a fortune for this technique.

And besides, our universities are bastions of liberalism and profits and capitalism are the enemy.  Hypocrisy, at its finest.

http://www.foxnews.com/science/2013/02/20/coal-cleanest-energy-source-there-is/
Other messages in this thread:View Entire Thread
Good news, business as usual! - Lifer - 2/20/2013 3:25:14 PM
     Good news, business as usual! - MrHodja - 2/20/2013 3:34:17 PM
          Good news, business as usual! - Lifer - 2/20/2013 3:38:44 PM
     It depends - MartiniMan - 2/20/2013 3:45:26 PM
          Cogent points all..... - Lifer - 2/20/2013 4:22:47 PM
               Cogent points all..... - Lakewood - 2/26/2013 1:22:46 PM
                    Cogent points all..... - Lifer - 2/27/2013 10:47:03 AM



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