When I said the discussion is over, I meant it. On Mon, Jul 17, 2006 at 05:59:20PM +0100, Ashish Gulhati wrote: > > On 17-Jul-06, at 4:32 PM, Eugen Leitl wrote: > > >No, you're not listening. The price is volatile. The investments > >required are enormous. This is a case where markets don't work at > >all well. > >They start working when you're removing volatility by artificial > >means, such as e.g. making a fossil tax ratchet. That way, the price > >can only go up, not down. > > Either we're running out of oil, OR oil price can go down in the future. > Pick one. Both can't be true. > > Unless oil is outcompeted by some other energy tech, in which case > there's no problem anyway. > > >I also must object that you're only mentioning fossils. > > I didn't restrict my argument to fossils. What I said was : > > >Also, oil shale is just one example energy source (as is oil itself). > >There are plenty of others. > > Clearly, I'm saying oil and oil shale are far from the only energy > sources > available. To which you replied: > > >There are not very many fossils others. > > It would seem you're the one stuck on fossils. > > >most of long-shot R&D is done by the state. > > Examples? What R&D has any state done that has resulted in real, huge, > productive (i.e. WMDs not eligible) tech advances? > > Just about every technology of the modern world, from powered flight to > telecom satellites, the transistor, microprocessor, digital computer, > laser, > radio, just about every type of lighting (from incandescent, fluorescent > and gas discharge to LED and OLED), LCD, TV, the assembly line, the > automobile, even oil refineries, all are the result of private R&D. > > So what, exactly, are you talking about? > > #! > -- Eugen* Leitl <a href="http://leitl.org";>leitl</a> http://leitl.org ______________________________________________________________ ICBM: 48.07100, 11.36820 http://www.ativel.com 8B29F6BE: 099D 78BA 2FD3 B014 B08A 7779 75B0 2443 8B29 F6BE
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