Brian H wrote: Picture this: FF announces that it has successfully tested a p-B11 generator, and is gearing up to produce and license them to all comers.
As an existing or potential stock market investor, how much of your money are you going to leave/put in oil, automotive, transportation, or similar shares? If you own, say, $1M of Exxon, how much will it be worth tomorrow?
It would, of course, take years to build out the FF infrastructure to replace power plants and so on, but just knowing that oil has no future will hammer the value of MAJOR players on the world financial scene. Stock prices for many business types will plummet, and the “money” will have simply vanished.
When FF is proven, where would/will you/others invest?
There is no reason why transportation and automotive should suffer. Perhaps the other way around. Both are now being hit hard because of the high price of fuels. Obviously they should change to the new energies.
