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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (39262)10/7/2003 2:20:38 PM
From: Seeker of Truth  Read Replies (3) | Respond to of 74559
 
In the next few years, economies of energy will play a big role. For example, getting work done in a low wage country rather than in a high wage country, will save energy because the person with the low wage consumes far less energy. We can expect in due course, the collapse of suburbia as everybody heads for the cities where relatively economic public transportation exists as well as the remaining jobs. Less commuting means far less energy expended. In cold climates apartment houses are way more energy efficient than separate houses, a surface/volume matter. The advance of technology saves energy also. Also everywhere that industrialization happens the birth rate declines to under the replacement amount. Some calculations show that solar energy in its myriad forms, e.g. palm oil, water power, etc. should suffice for our planet with a population of one billion. I personally am much taken by using the galvanic effect of ocean thermal differences. In tropical waters there is a big temperature difference between surface water and water from the deeps. If we have a contact of different metals an electric current flows. The bigger the temperature difference, the more electricity. There is a real plant generating real electricity in the waters somewhere off Hawaii. It works and produces more energy than it costs.
To minimize the wars and massacres, the UN should take on the mightiest of all tasks, population control.
The work that I do every day has the effect of lowering costs and hence decreasing the energy expenditure. As you facilitate outside people's use of Chinese manpower, you too are saving energy. It will become a global preoccupation. There need not be the end of civilization. As for buying oil/natural gas shares, is it conceivable that the rest of society will permit the owners of oil-gas shares to get rich while there is general impoverishment because of the high cost of oil and gas? I remember the first oil shock of 1973-1974. The response of governments in the US and Canada was to put a price freeze on oil. !!!! So I don't think if we put all our dough into oil companies that we will necessarily do as well as buying shrewdly chosen companies the products or services of which drastically save energy.
Chugs,
Malcolm