Harnessing Our Failures

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Alexis discusses wind power:

The key thing is, we know that most startups are going to fail. The No. 1 policy we could put into place would be to make sure that companies taking government money -- on the assumption that it's a public good they're doing -- have to give up some of their data on how well things worked, how well things didn't work. Create a library of failure and success. That would be incredibly useful.

Go back and look at all of those '80s wind companies. Maybe some of them were doing great, and they just collapsed because the leader of the company was a cokehead. We don't know why a lot of places fail.

(Photo by Katie Stine)

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