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mburbank mburbank is offline
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Old Jan 5th, 2005, 10:43 AM       
A sound plan.

Peak oil may not have happened, new technologies may make previosuly unreachable oil economically feasable, etc. etc. etc.

But here's the psychotic thing...

No one but no one, no matter how conservative, no matter how thoroughly connected to the oil economy, denies that oil is a finite resource. Sooner or later it will run out.

That being the case, it boggles the mind that there isn't a mad rush on to be the first country to mass produce sustainable energy products. The fact that we are not hip deep in the search, to my mind, totally puts the lie to the free market /capitalism as religion set. IF the market really was logical and self regulating there would be buckets of venture capital flowing into alternative energy research. Because everyone agrees, eventually there will be NO MORE OIL. And when the oil does run out, the people with patents on something else that works will get as rich as the oil barrons are now. If the market was logical and self correcting, the oil barrons themselves would be investing buckets of money in alternative technologies.
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