Monday, April 16, 2007

Article: Green Power

Thomas L. Friedman - Energy - Green Power - Global Warming - Renewable Energy - The Power of Green - New York Times

From last Sunday's magazine, a brilliant, long, piece by Friedman of who I agree with so much. His idea is simply, make green the new red, white and blue. America should invest, and lead the world forward with a bold, innovative energy policy. Green doesn't mean hippy, liberal, etc., rather, it should appeal to all, great efficiency, better planet. Don't care about blue skies? No problem, but you can't argue with a lower energy bill, etc.

Several great ideas:
  • The higher the price of oil, the less oil rich populations get a say in government, because the people don't get taxed, and thereby go unrepresented in such governments.
  • There are SO many different possibilities for alternative energy and really, only oil and corn or subsidized defiantly, by the government. If the government could guarantee that wind and nuclear were the future of carbon-dioxide free power production, big money could get behind that.
  • What ever is decided, needs to be cheap enough for China and India, because they will have the biggest problems.
  • There is no reason why the U.S. shouldn't lead the world in the technology to be more efficient.

How to profit:
  • Watch for the government to pick something, take advantage of the incentives either directly, or via investment in a company who does so.
  • Watch for inovation in effeciency where there is already incentaive (Wind in Texas, California, etc.)