Oil and the New Anti-Capitalist
Fareed Zakaria helps to put oil into perspective in this Newsweek Column.
All the growth sectors, from technology to services, are powered by the grid, not gasoline. What will feed this grid—coal, nuclear power or new technologies—is another large subject, but one thing is certain: it will not be oil.
…Oil will go from being the lifeblood of the industrial world to just one of many sources of energy. After a century and a half, oil will be put in its proper place.
An aggressive priority to develop and distribute renewable energy methods is a central element to a more stable world future. It could be one of the basic legs of US humanitarian aid.
Born 1950, Married, Living in Austin Texas, Semi
Retired Small Business owner and investor. My political interest
evolved out of his business experience that the best decisions come out of an objective gathering of information and a pragmatic consideration of costs and benefits. I am interested in promoting Centrist candidates and Policies. My posts are mostly about people and policies that I believe are part of the solution rather the problem.