| Mr Khan said: You have to think long-term about the drive to sustainability as it relates to economics, mostly in light of the fact of peak oil. We should be taking advantage of cheap, free-flowing crude while we can to build up overhead so that when oil production inevitably hits the point of endless decline, we won't have to go through severe economic shock the likes of which the modern economic world has never known |
Except, that's already been done, and had been done long before any government intervention. If anything, like most well meaning government laws, the effects probably end up being counterintutive.
As can be seen by the recent devestation in the solar industry... and in general heavy pullbacks in the alternative energy sector that's been happening for the last couple years.
