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Technology Stocks : Energy Conversion Devices

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From: Futurist7/17/2008 9:01:37 AM
   of 8393
 
Borrowed from the Yahoo board.

A wonderful article on computers, disruptive technologies and the transition from gasoline to electric vehicles.>/b>

Well written (IMO), and well worth the read...

Here are a couple of clips:

"In fact, we may be at a critical juncture, the kind that can creep up, in a gradual and insidious way, on companies and industries, and even on societies. Invariably, the actions that are needed to change course at such times are painful. Leaders rarely appreciate the gravity of their situation, and even when they do, they are loath to take appropriate action."

------------

Electricity: Energy That Sticks
"Oil moves to the highest bidder. Fleets of tankers carry it across oceans day and night. Natural gas can also move around, but with extra difficulties. On land, it can be transported in pipelines, but to carry it across oceans requires liquefaction and expensive, high-tech ships that can carry this liquid in strong, deeply cooled containers.

Electricity can be transported only over land. In other words, it is “sticky”: it stays in the continent where it is produced.

Equally important is the fact that electricity can be produced using multiple sources of energy. Petroleum, yes—but also coal, which is abundant in the United States, wind, hydroelectric, nuclear, and solar. Electricity is a multi-sourced form of energy. If one source suffers a shortage, we can produce electricity from another.

Because electricity is the stickiest form of energy, and because it is multi-sourced, it will give us the greatest degree of energy resilience. Our nation will be best served if we dedicate ourselves to increasing the amount of our energy that we use in the form of electricity."

....I am reminded that this is a man who has know Stan for decades :-)

american.com.
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