This is exactly what Obama has proposed to do in contrast to McCain
who wants to drill for oil and encourage nuclear power. I wonder why
the choice is not a no-brainer for so many people?
Ed
On Nov 1, 2008, at 2:53 PM, Horace Heffner wrote:
If the US and Europe are to preserve the progress made toward the
prospect of replacing what is essentially a mining based energy
industry with a much more labor driven, job producing, economy
saving sustainable energy industry, then action must be taken now.
We are in danger of yet again killing existing renewable energy
businesses, and all current progress, and then slipping back into
the no progress doldrums like those following the oil shortages of
the 1970's.
The best cure for stagflation is increasing productivity. The best
currently available means for increasing productivity on a global
scale is the building of a renewable energy infrastructure. Further,
we need to conserve fossil fuel reserves as chemical feed stocks for
industry and agriculture or we are headed for additional economic
crises down the road. We further need much more energy to combat
the coming water crises. Now is the time for decisive action.
I hope our governments, especially the new US government, can have
the vision to sustain current energy prices with a flexible tax
structure designed to do so, and use the revenues to support
research and deployment of renewable energy technologies.
Best regards,
Horace Heffner
http://www.mtaonline.net/~hheffner/
