Who’s going to be left holding the bag when cheap, clean, plentiful energy revalues the prices of metals, glass, plastics, and various securities, such as stocks and bonds? Without a clearcut advantage to invest in the new, we’re going to be stuck with the current despite the rhetoric. (call ITER for more details…).
IOW, it may take 20 to 40 years to educate a more sophisticated class of investor, while providing a transitional gradient in that time frame.
