Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Condor who wrote (47184)	3/9/2004 9:08:24 PM
From: EL KABONG!!!	Read Replies (3) of 74559

Hi Condor, Energy costs as a percentage of GDP will continue to increase across the board for all developed countries. The only, and I'll repeat, the only short term solution available to significantly reduce the world's growing dependence on fossil fuels is to convert as much as possible to nuclear energy, despite the known risks of using nuclear power. The world is quickly running out of time to develop alternative fuels. So I expect a resurgence in nuclear power stations over the next 20 or so years. I'll hazard a guess that we may soon see commercial airliners that run on nuclear power. The high energy costs of the current jet fuels make this change viable. Oil not going into jet fuel can be diverted to another industry where there is no substitute for oil. Yes, there are enormous risks to having flying nuclear reactors across the global skies, but there simply aren't any other available viable choices in the short term. Automobiles, trucks, cycles and other forms of transportation (all large users of oil) will have to either reduce the amount of oil used, or convert to a different fuel (say hydrogen). I suspect that we'll see some fuel "blends" at first, say half oil and half something else, but eventually everything will go to a different fuel form that doesn't require the use of oil. I'm sure that there's many other instances that people can think of as well. Mind you, I'm not proposing using nuclear energy for any of these functions. I'm merely stating that I think it will come to pass in time... KJC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next