It certainly doesn't look like an all-out scam, I just doubt it will have an economic impact for some years yet, and then only gradually. Once the hype dies down, there are very few revolutionary products and concepts made in a human lifetime. Is this one of them? Will coal and oil power finally go the way of the horse-drawn buggy? Perhaps, but not overnight, or even over ten years. If energy prices fall even slightly (due to increased supply), demand will increase. There are just too many fun things to use energy for. Add the fact that the developing world is, for a change, actually developing. It seems rather too early to sell shares in fossil fuel prduction.
(no subject)
Date: 2007-12-22 08:34 pm (UTC)