Other power sources are important, and I also think the market will be able to do large part of it, however the free market will never invest heavily in other energy sources as long oil is cheap... so while the current oil price will hurt the economy, then it might just be what we need to get more money into the renewable energy sector.
Beside other sources of energy, then conserving energy might be the biggest short term payoff. Ex. in Europe they have plans to start building houses, which uses 50% less energy than average houses today and you can already buy gas-electric hybrid cars (most fuel efficient cars on the road)... we already have lots of options - we just need someone to take the lead (ex. a US president).
__________________
"Chaos is the law of nature, order is the dream of man."
~Henry B. Adams (Historian) 1838-1918
|