The Alternative Energy Industry is an industry - don't let anyone tell you otherwise, and it's a 10-trillion dollar industry for new equipment and power plants. In fact, if you count the commodity trading sector of energy along with "carbon credit" trading of air it could be a 50-trillion dollar industry by the end of the decade. On November 29, 2010 there was a whole section in the Wall Street Journal dedicated to it - a whole section! And realize the WSJ is not a left-leaning socialist newspaper, rather it's all about money flows and markets.
Alternative Energy is an Industry.
Indeed, Alternative Energy is the fastest growing industry in the world. This is what has been created using propaganda, guilt trips on the populations, and careful promotion amongst the media to the masses. A good portion of the public now treats Global Warming as a religion with the fervor and passion of a new found God. And the already zealous environmentalists have joined the cause with all their sound and fury, as trumpet blowers at every turn.
However, Alternative Energy is still an industry, so let's not kid ourselves.
It is an industry that's been pumped up by media, big money, big oil, environmentalists, government funding, and your favorite billionaires around the globe, and they all intend on cashing in on it. Will building this bubble save us from the collapse of the last one? Do bubbles ever save us, or do they just make things worse down the road when the big boys walk away with the loot.
Folks, it's too late to stop it now, they are huffing and puffing and blowing this bubble up to kingdom come. We are all just along for the ride now with higher taxes to pay for subsidies and higher energy costs to make it work. But it won't, it can't - whenever our energy costs go up we lose jobs, our economy sputters, and there you have the reality. Consider the high oil costs of the past which always preceded economic downward spins of the business cycle.
Today, we have everyone running for the money, getting there any way they can - looking for research grants, incentives, tax breaks, start-up loans, venture capital, or even jobs. Indeed, we already see cracks in the wall, we have alternative energy projects which have failed, venture capital firms pulling money aside, and start-ups with a promise, a great business plan, and a fast talking entrepreneur, but no chance in "hello" of ever making a return on investment.
I presume that is how this larger balloon will go, and how this cookie will crumble.
Please consider all this.
Alternative Energy is an Industry.
Indeed, Alternative Energy is the fastest growing industry in the world. This is what has been created using propaganda, guilt trips on the populations, and careful promotion amongst the media to the masses. A good portion of the public now treats Global Warming as a religion with the fervor and passion of a new found God. And the already zealous environmentalists have joined the cause with all their sound and fury, as trumpet blowers at every turn.
However, Alternative Energy is still an industry, so let's not kid ourselves.
It is an industry that's been pumped up by media, big money, big oil, environmentalists, government funding, and your favorite billionaires around the globe, and they all intend on cashing in on it. Will building this bubble save us from the collapse of the last one? Do bubbles ever save us, or do they just make things worse down the road when the big boys walk away with the loot.
Folks, it's too late to stop it now, they are huffing and puffing and blowing this bubble up to kingdom come. We are all just along for the ride now with higher taxes to pay for subsidies and higher energy costs to make it work. But it won't, it can't - whenever our energy costs go up we lose jobs, our economy sputters, and there you have the reality. Consider the high oil costs of the past which always preceded economic downward spins of the business cycle.
Today, we have everyone running for the money, getting there any way they can - looking for research grants, incentives, tax breaks, start-up loans, venture capital, or even jobs. Indeed, we already see cracks in the wall, we have alternative energy projects which have failed, venture capital firms pulling money aside, and start-ups with a promise, a great business plan, and a fast talking entrepreneur, but no chance in "hello" of ever making a return on investment.
I presume that is how this larger balloon will go, and how this cookie will crumble.
Please consider all this.
Lance Winslow is the Founder of the Online Think Tank, a diverse group of achievers, experts, innovators, entrepreneurs, thinkers, futurists, academics, dreamers, leaders, and general all around brilliant minds. Lance Winslow hopes you've enjoyed today's discussion and topic. http://www.worldthinktank.net/ - Have an important subject to discuss, contact Lance Winslow. Article Source: http://ezinearticles.com/?expert=Lance_Winslow |
No comments:
Post a Comment