This post examines the central role of energy in our lives by posing the hypothetical question the impact that free and unlimited energy would likely have on our world. Of course, as the author points out energy is neither free nor is it unlimited and prices for fossil fuels are destined to rise as emerging economies energy appetites make themselves felt on the market. From a venture capital perspective, it is this type of disruption that makes cleantech a compelling area for investment.
This post addresses some of the misdirections being propagated by politicians about the rising price of gasoline and points at the actual underlying reasons for these rising prices, clearly illustrating how the global price of crude oil is by far the largest factor in the price of a gallon of gas at the pump and that fuel taxes are a small portion of the overall price. It goes on to make the point that these taxes are also badly needed by a rapidly crumbling national road infrastructure. This is a complex subject; this article provides an important perspective on it.