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But high priced gas would make the massive investments needed to come up with acceptible alternatives far more palatable, would it not?That's what so weird to me: this idea that "massive investments" are required. What we need is "massive removal" of the subsidies the old energy companies demand and get.Remember when paper recycling started? Everybody bitched about it...all the free marketeers complained about "government involvement"...but the driver was a mix of public sentiment and landfill space problems. Today there are countless recycling companies making a profit. It's a classic win-win.Sometimes to break a technology monopoly, especially one as large and entrenched as the one we have with oil, you have to invest up front in an alternative. Once the alternative can stand on its own two feet, let it compete.All we want is a level playing field. Cut out the subsidies to oil and gas, coal and nuclear. Invest in technology to help with energy storage and transmission. The rest will take care of itself.
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