The thing is, a well-directed and researched plan of investment in renewable fuels and energy sources and energy transportation and storage is in fact a wealth creator. Oil is phasing itself out as a wealth creator, we're experiencing the last spasmatic spree of a doomed industry. If The United States could position itself as the world's leader in new energy, it would create for itself a golden goose of wealth creation, much like the fortunate few in the Middle East did who have made trillions for themselves out of the world's doomed thirst for oil. The world will continue to thirst for energy long after the last drop of oil is drilled from this poor insulted planet we all share, and the nations who most wisely plan for that inevitable occurrence will thrive and flourish, The ones that don't, that sneer at such things will relegate themselves to third or fifth rate status.
B
Baerwald
(view)
The thing is, a well-directed and researched plan of investment in renewable fuels and energy sources and energy transportation and storage is in fact a wealth creator. Oil is phasing itself out as a wealth creator, we're experiencing the last spasmatic spree of a doomed industry. If The United States could position itself as the world's leader in new energy, it would create for itself a golden goose of wealth creation, much like the fortunate few in the Middle East did who have made trillions for themselves out of the world's doomed thirst for oil. The world will continue to thirst for energy long after the last drop of oil is drilled from this poor insulted planet we all share, and the nations who most wisely plan for that inevitable occurrence will thrive and flourish, The ones that don't, that sneer at such things will relegate themselves to third or fifth rate status.
posted 2008.09.14
posted on September 14th 2008
