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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (6016)	3/12/2009 5:42:12 PM
From: Brumar89	Read Replies (2) \| Respond to of 86355

Lets say its not just a good assumption. Let's say we can be assured of big technological advancements which will make alternative energy much more economical. Should we invest big bucks adopting alternatives NOW BEFORE those future technological advances have been made that we can count on to make alternatives more economical? Why? If those tech advancements can be counted on, wouldn't it be more sensible to wait till they've occurred to invest our capital? If something costs $X/KWH now but will cost only .25X/KWH in five years, our investment in $X/KWH technology will become obsolete pretty quickly. exploration for oil has harvested all the "low hanging fruit". Actually lots of technological advancements in exploration and drilling have been made in recent decades and continue to be made which makes new reserves exploitable and changes the economics of production. Directional drilling and fracing have made a whole of US gas reserves exploitable that weren't before those developments.