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


To: Snowshoe who wrote (64813)6/9/2005 9:30:47 PM
From: Maurice Winn  Read Replies (2) | Respond to of 74559
 
Biofuels might or might not be the most economic energy source. Deserts are great energy sources, just needing some photovoltaics to convert the energy to electricity. Or, deserts converted to lush biofuel farms.

But apart from that, the energy per GDP has been dropping around the world. In 1973, oil was a big deal in the USA economy. Now it has dwindled to an also-ran.

With a GDP per capita of US$40,000, the cost of energy isn't a big chunk of that. Hmm, it's still a fair bit though. But it can easily be halved. SUVs are absurd monsters for moving 70 kg of human [or even 120 kg in plenty of instances]. People don't need to go flying as much as they do. They can put on a sweater and turn off the heating. They can walk. Live close to work.

Anyway, land is not important in economies like Japan, France, Germany, UK, USA, though NZ still has a large proportion of land-based economy. That's why industry can subsidize uneconomic farming via taxation and those countries still do okay.

Mqurice