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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (39984)	10/15/2023 11:04:38 PM
From: robert b furman	Read Replies (1) of 41471

Hi Ski, Demand will grow, albeit slower the farther out in time as substitutes continue.But still grow. I think a world carbon credit will continue and that will justify technology advances, besides offering money to advance the margins of those who will be carbon free, it will include carbon tariffs for those who do not pursue available lower carbon routes. China and India will need our technology and will embrace it when not embracing costs them more via tariffs. That will cause the haves and the have nots. That could be a really bad thing or in the long run a beneficial thing. I doubt anyone really knows, but that is how beneficial environmentally positive business prevails over the long run. The corporations of the US already have learned that the environment must be protected or it costs more. Ask XOM how much the spill at Valdez cost or BP the spill in the Gulf Coast? Technology will provide more efficient harvesting of resources and in addition side cottage industries will add even more growth as they show us the cleaner ways to harvest the resources. The key is providing growth not smothering it out. The government does not have the elite judgement to choose winners and losers. They must be pro growth in all energy sources. Ultimately the best route will be determined by free market pricing. Seed money for new technologies - sure, but not more and never ending rebates that result in a higher cost of living for the low income classes. They must be benefactors of the technology, not the enslaved of government subsidies. The latter is an issue too many politicians prefer as it gives them control. Bob

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