A misnomer? Hardly - not even in the definition.Originally Posted by cu260r6
And while the 10 year number is debated - I'll give it you, cause I'm a nice guy and b/c I don't need it. Let's accept that it'll take 10 years before we see a rise in production. Better 10 years than never, which is the never explicitly stated option. And - as I'm sure you know - the price of oil is not only set by pure supply/demand, but also by anticipated future supply and demand (even if speculators are regulated, they won't be erradicated - nor should they be, the futures market is an important lever in stabilizing prices), so the effects would be seen much sooner than 10 years.
Really? Greater than the value of oil? Far exceeding? I hadn't heard that - perhaps you could site specifics (and please - not from a far-left blog) preferably from an industry source?Originally Posted by cu260r6
Like I said - I'm all for alternatives - but only if they're economically viable. There's not a lot of market elasticity in energy delivery - so real impetus has to be there for the consumer to switch. The current gas prices are starting things - and I'm well aware that those who push only solar/wind actually prefer high gas prices b/c it moves the consumer faster in their direction, regardless of the effect on the economy. Any initiatives to reduce the price of gas only lessens demand for solar/wind - hence the current democratic agenda.
Problem is - there's no basis for claiming that wind and solar are on the right part of the technology curve to be in a position to be viable in 5 years, 10 years or 20 years, that's not how technology development works. Great ideas often die b/c they come about long before the market is ready for them. Throwing billions at research may help - but it's no guarantee that we won't still need the same amount of oil in 10 years, so then where's the "no drill" policy gotten us?
And again - what were your proposed solutions, I missed them and can't seem to find them in anything above. Am I to assume that you are a pure party player and don't have a single position of your own?