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View Diary: Obama administration to release oil from strategic petroleum reserve (96 comments)

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  •  We definitely view it differently (0+ / 0-)

    I think that what is represented in the top graph on this link is a tremendously important event in the history of mankind.

    But because we can't easily change cars, change jobs, change where we live, change what we eat and we can't fix an economy where our discretionary spending vanishes in an incredibly short span of time we can't just hope and pray that market economics carry us through.

    And as far as betting on a single technology to get us through, your point is taken and that is why you need broad macroeconomic changes in energy policy to promote a wide variety of new ways of approaching the coming energy crunch.  Don't bet just on CFLs but create a market where CFLs, LEDs, OLEDs or even newer technology can make work better than what we have now.  Taxes on electricity in combination with "X Prize" type incentives does that.

    Or on the transportation side, increase gas taxes so that EVs, EREVs, PHEVs, fuel cell, mass transportation and freight rail all are given boosts in the competitive market and let human nature and market forces guide us to the more efficient and sustainable way of doing things.

    Finally, PV and wind are nearly cost competitive and will be so within this decade.  They both could have been cost competitive years ago with the proper tax and subsidy policies and America could be the leader in both fields but we aren't and it's because they were both left to market forces.  The point being you need far-sighted policies to make green (long lead time) technologies cost competitive and simply waiting for a huge escalation in energy costs to fix this balance is a conservative (and frankly dumb, no offense) idea.

    Be well.

    We cannot solve our problems with the same thinking we used when we created them. Albert Einstein

    by theotherside on Thu Jun 23, 2011 at 10:14:46 AM PDT

    [ Parent ]

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