Well, this election looks all but done. I'll leave it to others to do
the Ohio math, but one thing is clear: regardless of who controls
Congress or occupies the White House, we still get to deal with energy
physics, which is ruthlessly non-partisan.
An economy addicted to oil (and imported oil at that) is positioning
itself for profound market and competitiveness challenges -- especially
as other parts of the world continue to move more aggressively to
reduce the risks of climate change.
Case in point, renewable energy goals:
- US, 2.5% by 2005
- China, 12% by 2020
- Europe, 20% by 2020, 50% by 2050
Sure is a good thing that US companies -- at least some of them -- are
out far ahead of the US government. It's still likely to be a bumpy
ride...
8:03:39 AM
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