hooah212002 responds to ZenMonkey:
quote:
quote:
has no downside
You don't invest in oil, do you? That has to be one of the biggest reasons there is such a push back against alternative energy: there's money in the "black gold", the "Texas Tea" and lots of it.
There will always be a need for petroleum. It was used because it was a better alternative to whale oil. There are only so many whales and we cannot use them for our needs. But even if we come up with a better source for electricity than coal, convert our cars to electricity, etc., there will still be a need for oil-based products. Airplanes won't be able to run on electricity, ships will still need oil-based fuel, not to mention all the other industrial products made from petroleum such as plastics.
Oh, there will be a huge drop in demand, yes, but a smart energy company should realize that they are an
energy company and how much profit they could make by getting into non-oil fuel sources early. We dropped the ball with the hybrid car: The engine in a Prius? It was developed by Ford. But the US market was screaming for huge SUVs and Ford sold it Toyota. Given what happened with regard to the auto industry in the US, imagine how much better it would have been if the best-selling car would have been an American car....
Rrhain
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