Sources: AIChE Journal, Princeton University
quote: iPhone, Facebook, SpaceX, cure for cancer
quote: So you want the US to be vulnerable to the whims of foregin oil producers for many more years to come.. well it doesn't effect me so i couldnt careless.
quote: but how do you expect to do this switch to an alternative fuel source
quote: Currently the US has is balls nicely cupped by foreign oil producers.. keeping things statisquo is only prolonging its vulnerability.
quote: And furthermore, if you want to reduce the dependence on foreign oil, there are numerous ways to do so which don't require $1.1T USD and 30-40 years.
quote: Why? We could be using that money today for problems we're facing today.
quote: All profitable problems - even the only slightly profitable ones - ARE being solved today.
quote: Synthetic fuels are a very good long term investment.
quote: Now that's quite a statement. One that you can't even possibly begin to make credibly unless you have a crystal ball.
quote: You can't have excess reserves and $10T in deposits if there were any selfish investments left (i.e. those that the investor could benefit enough from).
quote: I guess where I find flaw in your argument, is it is kind of a chicken and egg thing. You say we should not invest until it financially makes sense, but it will never make financial success until the research is done. If we wait 30 years to begin the research, then it will be 30 years from then.
quote: We can't just bury our heads in the sand and hope all the problems will go away. If you had, instead said we should wait until we have lower our deficit, and maybe dropped the debt, then maybe I would understand and partially agree.
quote: Unless you are saying we should not be investing in any technology
quote: I think money should be spent on things like this.
quote: Why not just spend all of our money today while we're at it? Who cares about tomorrow.
quote: That's funny. I thought it wasn't economically viable back in 1973. Then in 1979. Then again in 2001-now. Where exactly do you draw the line? $5/gal? $10/gal?
quote: Our politicians are adept enough at doing that.