Last post today. It will not be decades before enough wind and solar come online. It's already happening. Watch the science channel and CNBC enough and you'll see solar farm after solar farm and wind farm after wind farm under construction or already going online. There is a solar plant online now that has a way to store the excess energy they generate during the day for use at night. And get this, there isn't a battery on site. What? Storing solar power without batteries? Yep, that's what I said.
China now leads the world in wind production. This is a VERY embarrassing fact for the USA considering we talk a good game to China about cleaning up their act while not cleaning up our own. And it's gotten a lot of attention all over the world. If we want to start saving face, we gotta ramp up some more. And we are. I live in a state that produces those wind turbines, business is booming.
As far as migrating to electric cars goes, The cost of electricity versus fuel even with todays technology already makes electric far superior to hybrids and fuel burners. People do buy new cars, and eventually everyone will give up the gas when they can afford to do so. Cost is the only factor and cost is rapidly dropping while range is rapidly growing. As one poster stated before, the amount of venture capital going to smarter more efficient grids and auto-electric technologies is staggering. If it were purely a matter of dollars, then you would be a fool to bet on algae at all for beating electric to the market.
IMO algae fuel is a stop gap measure that is at risk of being rendered useless to the personal auto, and light commercial categories by electric technology. Reduction in fuel demand due to growing numbers of electric vehicles in the next decade will put major pressure on bio-fuel producers to lower costs in order to compete with stablized and possibly decreasing oil prices.
However, that being said, it is a race, and I personally like to bet on more than one horse, lol.
Go BEHL
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