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To: Oeconomicus who wrote (130424)8/22/2001 10:26:41 AM
From: craig crawford  Read Replies (2) | Respond to of 164684
 
>> On the other hand, a sustained high growth in demand for electricity seems to imply either accelerated global warming (California air conditioners running full time and unemployed tech geeks scrounging for returnable soda bottles to pay the bill;-) or continuing economic growth (Aluminum smelters and auto assembly lines running, and home PCs humming). <<

i don't understand what you mean by on the other hand. it sounds like both points you made were bullish for energy demand.

my reasons for liking coal are not very esoteric.

1) i believe energy prices will remain high in the coming years. coal is the cheapest (although not cleanest) so it will continue to make up a significant portion.

2) alternative technologies such as wind/solar/nuclear/fuel cell etc are just not being adopted fast enough to make a dent.

3) we have a president who seems to be in favor of coal use.



To: Oeconomicus who wrote (130424)8/22/2001 9:38:54 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 164684
 
Nobody, and I mean NOBODY, least of all not our cherished overheating teapot Craig, knows what the heck will be going on economicaly three yrs from now. Or commodities-wise three yrs from now.

Think back to August, 1998. Did you wake up one morning and foresee where we are now, and make millions on that insight?

Show me the person who knows what will be going on economicaly three yrs from now, and I will show you a fool.
Victor