On Sun, Jan 13, 2013 at 7:30 PM, Tom Walker <[email protected]> wrote:

> The substitution of fuel for labor is cost effective only to the extent
> that fuel is cheaper than labor. Currently, the relative cheapness of fuel
> results from the shifting of the social and environmental costs of
> extracting and burning the shit. Sachs and Kotilikoff discuss the machines
> as if they run on some mysterious unknown substance. Clue: 85% fossil fuels
> at present. Among the words that do not appear in their paper: energy,
> climate, emissions.
>


What about the theoretical possibility that fossil fuels are replaced by
wind and/or solar power?

I am well aware of the many technical difficulties with alternative energy
sources, but is there any reason to think that these difficulties are
somehow fundamental and unsolvable, rather than merely being a limitation
of our current state of knowledge?

-raghu.
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