On May 30, 2007, at 10:56 PM, thomas malloy wrote:
I remember back in the '70's it appeared that the Japanese model of picking emerging technologies, and then making investments of public money was going to kick our butts, but they are in worse shape then we are.
Despite their economic conditions, they are still clobbering us, not because of emerging technology, but because they have common sense. We still have idiots making policy in the auto industry and now they are paying for it. More horsepower, more chrome, and more sex! Right out of the 50's. People just aren't buying it quite so much any more. However, I would have thought $4 a gallon gas would have wised us up more - that it would be a good sized board between the eyes of the mule. I was wrong. I guess we'll have to wait for $8 or more a gallon to see the American public get serious enough.
It appears that a good idea will get funded. If someone would produce a LENR based technology what was commercially feasible, it would get funded.
That is a chicken and egg problem. No research, no good idea. No good idea, no capital. No funding, no research.
The private capital, chaotic development model has proven itself yet again.
Private capital has proven itself to be decades behind the needs curve, to be lacking vision, if not scared silly by big energy, big money, and big lobby interests that like the status quo. However, the plan I put forward attempts to maximize the value of private innovation by competition and by focusing almost all the capital on realistic profit making enterprise, and by eliminating the contrived and natural economic bumps in the road that have crippled renewable energy progress in the past.
Regards, Horace Heffner
