Is The New Energy Economy Really A Possibility?
https://media4.manhattan-institute.org/sites/default/files/R-0319-MM.pdf
“In the world of people, cars, planes, and factories, increases in consumption, speed, or carrying capacity cause hardware to expand, not shrink. The energy needed to move a ton of people, heat a ton of steel or silicon, or grow a ton of food is determined by properties of nature whose boundaries are set by laws of gravity, inertia, friction, mass, and thermodynamics—not clever software.
Fascinating!
Lee A. Schaffer, PFP® CIM® FCSI® | Vice President & Portfolio Manager | Schaffer Wealth Management | RBC Wealth Management | RBC Dominion Securities Inc.| Direct: 905-764-5013 | T. 800-268-6959 | lee.schaffer@rbc.com | 260 East Beaver Creek Rd, Suite # 500 Richmond Hill ONT, L4B 3M3 http://www.schafferwealthmanagement.com