SI
SI
discoversearch

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 : Politics of Energy
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brumar89 who wrote (8835)6/1/2009 5:16:50 PM
From: RetiredNow  Read Replies (2) of 86356
 
Agreed. However, you don't invest that kind of money and not see massive technological innovation. They will experience first hand the economies of scale and tech innovation that will drive the cost of renewables to cost competitiveness with coal. Then it will become cheaper. They may reach that stage before we do, and when they do, they will start exporting their tech all over the world for a profit, leaving us to try to catch up. The renewable energy industry has the capacity to be a multi-trillion dollar industry and the ones who capture the lead on it will be the ones who will have the most prosperous economies in the future, which translates directly into military and diplomatic power. Do we really want to give up that lead to China? Maybe it's already inevitable, but I'd like to think we still have a fighting chance. However, we have to get focused fast and stay focused for a long time to come.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News