Re: Vision of the three Rs: Regular, Reliable and Reusable
- From: Ian Woollard <ian.woollard@xxxxxxxxx>
- Date: Sun, 18 Feb 2007 22:46:12 +0000
Derek Lyons wrote:
In other words - pork and handouts.
Yeah, it's a subsidy on water in LEO/GTO.
I believe I'm right in saying that subsidies can be economically justified in situations where the long-term situation is one where the lower prices are going to be in line with the subsidy.
In other words, if off-earth water will cost $10/kg or $100/kg or whatever then a subsidy down to that price can end up in the long term enabling that situation. (Based on the subsidy Lockmart would presumably redesign their vehicles to use water in any way that is appropriate, creating a market for water, and the market would enable people to justify doing assays on Phobos, Deimos and the moon and so forth on relatively short-term financial grounds.)
With care, the government might be able to claw back the cost of the subsidy out of tax on the industries later on.
D..
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