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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (124237)9/19/2000 12:22:49 PM
From: tejek  Read Replies (1) of 1580041
 
They will benefit from the technology we develop and from the economic growth while the oil is left. Even if the oil is used up "natural resources" in general will not. They key resource in this case is energy (with enough energy the supply of other resources will keep going up). Oil is currently the most economical energy supply for many uses. With scarcer oil and advanceing technology in exploiting alternatives other sources will become available. In the long run nuclear (includeing fusion) and possibly solar should be the biggest sources of energy. Other possibilities include things like deep geothermal, and tidal power generation. Baring nuclear war or similar catastrophe, 100 years from now we should be able to generate and control far more energy, both in total and per capita, then now even if oil runs out.

Tim,

Not until we treat our oil reserves like you treat you investing $$$ will I be happy. Both should be approached with the same mindset.

ted
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