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Printable version |
From: | Tony de Bruyn <tony@ltdrisk.com> |
Date: | Thu, 05 Jun 2003 10:39:15 +1200 |
Electricity can be transported
quite well so the trucks and buses have to be electric, not battery, but on electrified tracks. My point is to
conserve the liquid fuel for vehicles that cannot practically use the
electrified tracks by using the alternative methods wherever
possible.
The next stage is to discover
how to manufacture the fuel that nature made for us in the laboratory. This is
where a nuclear plant should be used for the energy requirements. These fuel
manufacturing plants can be buried somewhere far away from scared
citizens.
Unfortunately, energy is still
far too cheap for anyone to bother. The market works very well in signalling
when these things are required. It creates painful shortages frequeently enough
for entrepeneurs to realise that they can make a buck, BUT there must be no
meddling with price caps before that. The recent electricity shortage is the
market worning us to build more but it must be allowed to reward the investor
with realistic returns. The economy will respond when the pain gets too much,
probably daily blackouts. My fear is that the public still believe that the govt
can do better than the market and provide cheap reliable power but we all know
that they would be allocating too many funds too soon. IMHO power has been
unrealistically cheap and the economy has not developed where it should have
because the funds did not go to the right place. Long live the free
market.
tony
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