by pup55 » Tue 18 Aug 2009, 09:04:44
$this->bbcode_second_pass_quote('', 'W')hy aren't there any businesses investing in MASS-RENEWABLES?
You know, it's kind of funny.... "the war" has been airing on public TV out here, and there was a snippet about how, in 1942, in a period of about nine months, the industrial base of the entire country shifted from producing autos and other stuff to military equipment... becoming so efficient in the process that they overwhelmed their resource-limited enemies.
So it is
possible for an economy to change 180 degrees in response to some national catastrophe, if the determination is in place to do it.....
I suppose arguments can be made about the profit incentive or any of a dozen reasons that caused these industries to switch over at such a rate....but in fact, it got to the point where their way of life had to be literally threatened in order to get them to make the switch.
The increase in oil to 142 dollars per barrel did, in fact, alter the lifestyles of some of the public, but I have to say, the difference was, with the excpetion of a brief period last fall, there was still oil to be had at 142. The crude oil inventory at that time was still reasonably stable.....
So, I guess the argument can be made that up until now, the market and/or inventory system has not been stressed enough for a long enough period so that the people whose livelihood depend on it have had their backs up against the wall enough to get over their fear of change. I do not know, frankly, what it will take. a 1973 event, where there is some rationing? Well, that event did cause some change to happen, but as severe as it was, it did not last long enough to get people to permanently change either.....
So, what will it take? 5 years of no OPEC? Maybe then some will see the light.
Silly humans, they are better at reacting to catastrophe than they are at anticipating it.