Formerly About Advanced Micro Devices 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.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: combjelly who wrote (378470)	4/15/2008 6:40:33 PM
From: Road Walker	Read Replies (1) of 1576163

It sounds good and it would be nice to reduce our dependence of foreign oil. But, I and a couple of friends went through the numbers the last time the issue came up in the late 1970s. The economics weren't compelling and there was the risk of exactly what is happening now. To be fair, the food problem is made worse by changing demographics in China and India. And, quite frankly, we would have had higher food prices as a result of that. So ethanol isn't the only culprit here. Not even close. But I didn't anticipate the food thing and I plead guilty. As to the economics thats a pretty hard to discern bottom line when you are using non-food sources. When you consider all the (hidden) costs of oil, and you consider things like the cost of 50% of the trade deficit and other political stuff, then alt liquid fuel may still be a bargain. But raising food prices as a trade off for oil is a Devil's bargain. "Although there are still some promising things with algae and other non-food sources." ------------------------------------------------------------------------------- Yeah. Except the funding keeps getting cut. Yeah. And I still think the path through this disaster is to first focus on the energy client not the energy source. Energy efficiency is a lot easier than alt energy. There is not much reason that all cars sold in 5 years couldn't be hybrids, with a significant portion moving to 'plug in' hybrids. In 10 years you have mostly plug in hybrids with a significant portion moving to all electric. By that time you have alt electric generation more than competitive with oil and gas plants and massive infrastructure build. But yes you need the seed money and the incentives... and "the funding keeps getting cut".

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next