24 August 2004

The New York Times > Business > Your Money > Investing: Ready to Bet on Alternative Energy? Well, Think Again

The New York Times > Business > Your Money > Investing: Ready to Bet on Alternative Energy? Well, Think Again: "Alternative energy sources typically require huge infrastructure investment to deliver power to electricity grids, or to cars in the case of hydrogen as a substitute for gasoline."



Though this shows up the typical problem of not adjusting ones thinking to the potential new paradigms that a new scenario throws up: in this case a lot of alternative energy is likely to be better decentralised not feeding into the existing grid.... so invest in people who are making wind turbines for ordinary houses and solar panels for roofs. Look at the potential for domestic production of hydrogen as a means of storing surplus energy produced when householders are away .... and so on

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"Spend and tax" not "tax and spend"

 I got a response from my MP which got me kind of mad. You'll see why as I reproduce it here. Apologies for the strange changes in types...