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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (29805)	3/31/2005 5:59:23 PM
From: ild	Read Replies (1) of 110194

Date: Thu Mar 31 2005 17:06 trotsky (Carmack re. alternative fuels) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved i'm more inclined to trust the market to find viable alternatives - rather than government. however, i would agree that since all governments purport to have an 'energy policy' of some sort, it would at least be a good idea to curb the boondoggles and concentrate on what looks promising. still, private companies are engaged in everything from trying to produce fuel from waste ( biomass mostly ) to converting one form of fuel to another ( e.g. heavy to light oil ) , research into fuel cell technology, and so on. a positive side effect of the high oil price is that more private capital to fund promising energy research is clearly forthcoming. whatever solution to the peak oil problem eventually emerges, my bet is that the market will provide it.

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