I'm done with expensive gasoline, thank you very little. I've sold my car and am now the proud owner of a Genuine scooter. Bad boy gets 80 miles to the gallon: traded the van for it straight up. But I'm still concerned about gas prices: more so given what they reflect about the American economy, climate change, and the status of oil. The New York Times gave me a little hope today by outlining how garbage and waste may be the wave of the future. But please, we've all heard this before...
But seriously. This technology has been around for a while (I'm dubious of the claim that it has existed for decades) but still remains far away from perfection and economic feasibility on a scale of mass production. All the more reason to continue extending subsidies to more and more types of clean technology and renewable energy. Solving this new type of energy crisis requires far more than one "savior" technology (read: ethanol) and it is wise for the government to cover all their bases. The private sector needs to jump in as well and is doing so at a breakneck pace. Perhaps this is one side of the bubble needed to cure Wall Street's hangover.
Thursday, July 24, 2008
Trashing gas
by
Nicholas Lembo
Labels:
climate change,
energy,
food and commodities,
oil,
policymaking
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1 comment:
You sold the Jeep for a scooter? Seriously?!
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