Jens 'n' Frens
Idle thoughts of a relatively libertarian Republican in Cambridge, MA, and whomever he invites. Mostly political.
"A strong conviction that something must be done is the parent of many bad measures." -- Daniel Webster
Monday, June 14, 2004 :::
I'd just like to quote a paragraph from the George Will piece Eric just linked to:
MIT's Adelman notes that even before 1800 -- before the coal-fired industrial revolution -- Europeans worried about exhausting coal supplies. ``European production actually did peak in 1913 and is nearly negligible today.'' Billions of tons remain beneath European soil but are uneconomical to remove. So far.
I believe the current price of "alternative" (i.e., non-hydrocarbon, non-wind, non-nuclear) energy is a few times the price of oil, and falling.