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

To: marcos who wrote (68935)	4/29/2008 6:31:57 PM
From: KyrosL	Read Replies (2) \| Respond to of 74559

There is a lot of promise in solar technologies. I will not be surprised if we have viable large scale solar power plant designs, as well as units to power individual homes in most geographies within a decade. In the meantime, it wouldn't hurt walking, riding bicycles, and doubling up on car rides.

To: marcos who wrote (68935)	4/30/2008 5:59:44 AM
From: Snowshoe	Respond to of 74559

>>how sudden will be the weaning from cheap oil for the world as a whole<< Depends on whether global oil production has a sharp peak and rapid fall, or a long plateau. I lean toward a plateau. Oil is so valuable that people will pay a lot more for it, and that will encourage a lot of extraordinary production effort. >>the percentage of income going to energy will rise<< Yes, but people will respond by cutting out all sorts of wasteful stuff like big cars, fancy boats, exotic vacations, bottled water, etc. >>a meaningfully hefty tax on all fossil fuels consumed and/or produced within a country<< "Inflation is the cruelest tax"