Always Ask "As Compared to What?"

In a letter in today's Wall Street Journal, Alexander Koukoulas objects to Roger Meiners's demonstration that Uncle Sam's solar-panel project in Ennis, Montana, is a huge waste of money.  One of the alleged weaknesses in Roger's analysis that Koukoulas identifies is the fact that Roger "fails to recognize the significant improvements in green technologies that are improving capital effectiveness."  In other words, Koukoulas accuses Roger of ignoring the fact that green technologies will...