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I just wonder, how are we going to build these things without liquid fuels? Surely electric engines can replace those in the cranes and trucks, but how far from now? luis_de_sousa@mastodon.social
The answer is--we are not going to build these things without liquid fuels--for now.
Petroleum is capital. Windpower is income. We simply MUST use our capital to build the infrastructure that allows us to live off our income. There are no other reasonable choices. "Remember the I35W bridge--who needs terrorists when there are Republicans"
bingo, you nailed it perfectly...gobbling the seed corn, burning the furniture... 'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
Petroleum is capital. Windpower is income.
THAT is really good. She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
petroleum is capital, windpower is income... and what does that make nuclear? hot speculative venture capital? and solar power -- the interest on a trust fund? or perhaps an annuity with a very long lifetime? The difference between theory and practise in practise ...
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