[Grovenet] America's Trillion-Dollar Baby

[David Morelli]

On Jan 24, 2007, at 8:32 PM, Ron D'Eau Claire wrote:

> ...Where did you get this figure?
>
> "To answer your question, Ron. We will need 20% less than what we  
> now consume to be competitive in the future. What will the future  
> be like to achieve that? Who decides the best path?"
>
> I think you're saying we need 20% more energy, not less. If it were  
> less we'd already have a surplus. So we need 20% more? If so, then  
> we know what we need to do.

His observation that we will need to consume less energy to be  
competitive has merit.

Either China has the world's largest economy or it soon will have  
it.  India is expected to reach the #3 spot in the next two decades.   
The USA by contrast may be the largest debtor nation.  We are all  
competing for oil as an energy source.

Will China continue to loan us the money to purchase oil?

How much will we need to reduce our energy consumption to get past  
this problem and remain competitive?

David