Greetings Economists,
On Aug 2, 2008, at 11:58 AM, Charlie wrote:
Neither the MIT process for more efficient electrolysis of water nor
the creation of a polymer that replaces expensive platinum in fuel
cells appear to be theoretical breakthroughs nor to rely on new
technology for materials formation. Apparently, they could have been
developed many years ago by simply funding applied science
"research" (contests). If so, these developments testify to the
inertia of capitalism to addressing public, or social if you will,
environmental needs.
On the other hand, it seems that investment is now flowing to
environmental needs; the auto industry appears to be lumbering
toward replacements for the gasoline engine; etc. If so, this
suggests that eco-Marxist theories of capitalism ending our species
are incorrect.
Doyle;
Well that's true. electrolysis of water by such common cheaper
catalytic products could have been found awhile back. And
breakthroughs in energy production from the sun don't have to be
especially positive either. But I agree with your point that certain
sorts of catastrophic predictions about oil and energy were not well
founded.
thanks,
Doyle Saylor
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