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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Don Lloyd who wrote (57409)1/12/2001 9:33:40 AM
From: pater tenebrarum  Read Replies (1) of 436258
 
Don, i agree that initially, such a new energy source would be actually disruptive, as it would destroy the existing energy industry. but the costs of dependency on fossil fuels are not simply just economic costs: there's a huge environmental cost involved as well. and in the long run, an energy source that is both economically and environmentally more cost-effective than what we currently have (by a wide margin as it were), would free up labor and capital to pursue other endeavors. so on balance it should give the economy a big boost eventually.
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