Quote:
|
Originally Posted by Ustwo
More expensive energy is not conducive to the creation of anything beyond more bureaucracy.
|
Heh. Over the the Silicon Valley the last couple of years, venture capitalists -- who are actually pretty reactionary, in that they're loathe to fund a company unless another company's already succeeded with the same idea -- have finally started to put big bucks into alternative energy start-ups; mainly solar, but not soley. The reason: high energy prices that look likely to stay high or go higher.
If energy prices keep going up and alt-energy/energy conservation technologies keep improving because of the price incentive, at some point it'll be a no-brainer to start an alt-energy plant or retrofit a house or facility with solar or other technology, because the systems will pay for themselves in shorter and shorter cycles. Leading, at the very least, to an orgy of retrofitting in this country and well as increased mfg jobs if all the manufacturing _isn't_ outsourced to China.