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Originally Posted by Satchel but let's be honest, it isn't going to be economical for at least a century. |
that's funny, that is about the time when we are supposed to run out of oil if current trends continue.
with an influx of funding and interest in the search for and production of eco-tech energy sources it is hard to refute that the amount of research being done will increase, which means an increase in the number of researchers and staff, and then there is the creation of new production facilities to make these items, then there are the companies that make the items the new factories are going to need to tool or re-tool their facilities, and the list goes on. Definitely a win win situation.
As far as the oil companies go, petroleum is so integral to our economy that there is no chance that we will see massive unemployment due to research into eco-friendly energy sources or even the production and sale of such technologies. At least, before we start to run out and they loose their jobs naturally.
Research and transition to Eco-Friendly energy sources is also the only viable way to put a significant dent in our dependence on foreign oil. plans such as drilling alaska will peak at lower than a 5% dent in 2025. That is not much.
In addition, there is a general consensus among Petroleum geologists that all of the worlds major oil fields have been discovered and that we are going to run out....soon.
Plus, regardless of what the consensus is on Global Warming, pollution does have a negative impact on the environment. i think that we should do what we can to aviod that. that would prolly be a good thing to do.