The Paradox of Energy Efficiency

[Nederland]

32. No

Market dynamics will render fossil fuels too costly long before they "run out". Just look at the impact of oil prices. Ten years ago oil was under $25 a barrel, today it bounces above and below $100 a barrel. Despite the fact that we are decades away from "running out" of oil, that price change resulted in virtually every car maker on the planet making or planning to make electric cars. To think that the market doesn't spur innovation until after its too late is to be ignorant of history.

The market is filled with investors who are trying to guess what changes the future holds and how they can profit from them. Right now the alternatives to fossil fuels include wind, solar, bio-fuels, nuclear fission, nuclear fusion, and a bunch of others I forgot or haven't heard of. That only begins to describe the possible alternatives because within each of those are numerous flavors and approaches. Solar has crystalline, nano and CSP. Fission has LFTR, GFR, pebble bed, etc. Fusion has Polywell, LENR, and Magnetic confinement methods. To think that every single one of these is going to fail despite the enormous amounts of money being poured into them is to be pessimistic to the extreme.

And that describes GliderGuider to a T.