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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Jorj X Mckie who wrote (11209)1/9/2009 12:33:22 AM
From: Little Joe  Read Replies (2) of 33421
 
Yes there are numerous obstacles. But these are largely self imposed by the environmental lobby.

1. The technology to build nuclear exits. The argument about waste disposal is phony.
2. Coal to liquid technology has been around since WWII. The germans fueled their army with coal. The South Africans improved the technology when their country was embargoed. There are pollution issues but they are probably easier to solve than the technology problems relating to solar and wind.
3. We need to drill wherever we can and there is oil.
4. Actually I think the biggest problems are with Solar and Wind, because there are unsolved technical problems relating to transmission and storage. These can likely be solved eventually but not likely soon.

I would suggest that the only real help the government can be is to get the hell out of the way and let the market solve this. If it cannot restrain itself, then why not fund some of the research for green technology. It won't be cheap but the government has had some successes i.e. the manhattan project, the space program. If it fails, there will probably be less harm from publically funded research then by forcing the price of oil higher.

Little joe
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