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


To: TimF who wrote (8623)5/28/2009 1:33:06 PM
From: RetiredNow  Read Replies (1) | Respond to of 86355
 
Speed to market is usually important with new tech or at inflection points. Sometimes being a fast follower is a great place to be. Already, if the US ramps up fast, we will be a fast follower, following on Europes footsteps. We should learn from their mistakes and figure out how to make our transition to renewable energy more profitable.

But speed is very important at this point. Believe me, you think it's going to be expensive to do it now, just wait until oil prices rise to $150 and stay there for awhile. Either way, it will be profitable over the long run to move away from oil. However, speed will keep the costs down in the short run as oil prices move towards their next super spike in the coming few years.

Delay will only cost our economy more.