Sarah Palin is very eloquent and convincing in this argument against the Obama/Biden energy plan, please watch the entire interview — she covers a host of salient points. I also got pinged in email a while back regarding the tagging of energy posts with “Hunger”. Just to bring all readers up to speed, energy prices and hunger are immutably wed. When energy prices go up, food prices will as well. Growing, transporting, and storing food is energy intensive. You can read those articles here.
While it’s topical now, it won’t be when the pressures let up. The market driven economy will see that they do, for a short period anyway. The pressing need for more energy won’t end soon as demonstrated in article after article here. The urgency around energy might abate, the import won’t as it hasn’t in the three decades since the first oil embargo.
While the G-8 is meeting over the energy-driven food crisis now, T. Boone Pickens has proposed a plan for energy in the US that makes a great deal of sense. Hybrids sound nice at first glance, however they become problematic in twenty years as we deal with all of those dead batteries. They also cost a great deal, don’t provide the range and performance that the public wants, and they really live on subsidies now. In business you find that processes people adapt are those which are simple, and that are easier than what they are doing now.