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>> A 10X improvement in energy availability (the supply curve) would have an economic effect that permeates everything. It is a bit like bandwidth. Everyone
by 7952 12y ago
>> A 10X improvement in energy availability (the supply curve) would have an economic effect that permeates everything.
It is a bit like bandwidth. Everyone agrees that having gigabit internet to every device in the country would be benficial bur we can't agree on who should provide that.
As a society we pour most of the money into large providers who have a vested interest in highly centralised systems. What we really need is thousands of small provders who optimise for efficienct delivery of the actual product. Society needs to invest in energy and constantly spending such vast amounts on single projects seems risky. It may deliver energy but in the long run prices will still go up.