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

To: RetiredNow who wrote (6049)	3/12/2009 9:49:19 PM
From: Brumar89	Read Replies (1) \| Respond to of 86355

Investing in R&D and even pilot projects are different from massive wholesale investment to replace the power producing energy we have now. we have an industry that is dominated by two energy sources: oil and coal. We have an electrical power industry that invests in whatever technology it finds desirable and practical for its local market - natural gas, coal, nuclear, wind, solar, geothermal, whatever. I saw something from TXU recently which indicated its power was about 35-40% each coal and natural gas, 10% wind, X% nuclear (I forgot the number) and a small amount other. We have auto companies willing to produce whatever cars they deem saleable. So I don't think we're in a situation where the oil and coal industries are able to strangle other sources of energy.