I'm going to begin working on a series of blog posts addressing the public fear of an energy crisis, from a free-market perspective.
The goal of this study is twofold. First, I want to show that the free market is more than capable of dealing with any potential energy crises that arise. Second, I want to show that there is no rational reason to expect market-caused energy shortage in our future, or to prepare accordingly.
It's important to delve into these topics, because many people are investing resources where they need not in preparing for such a crisis. We should help others, if we can, to spend their money wisely, on things that will give them a good return on their investment, and to help them avoid spending on things that won't, like preparing for a market-based energy shortage.
I want to be very clear about something; I am not knocking alternative energies like electric cars, solar or wind, geothermal, or any other kind of alternative energy that exists. On the contrary, I support those energies as means of useful energy aggregation wholeheartedly. Rather, my goal is to show that these energies, along with other energies, are so abundant on the Earth as to make my fear of running out of energy almost laughable when looked back upon in retrospect.
We should take to heart that the free market can provide an effective means of energy supply to meet the worldwide demand, with plenty of energy to spare for future generations.
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