Energy at the speed of thought — VOICES for REASON

Most people have become acclimated to an extremely slow rate of energy progress. While, say, our computers and electronics will rapidly decrease in price while increasing in quality, our energy bills look to be going nowhere but up. This despite the fact that today, as in the past several decades, government “energy planners” promise us an energy paradise of solar, wind, or whatever other technology they happen to favor.

My new essay, “Energy at the Speed of Thought,” tells the story of an entirely different sort of energy market.

[H]istory provides us ample grounds for optimism about the potential for a dynamic energy market with life-changing breakthroughs — because America once had exactly such a market. For most of the 1800s, an energy market existed unlike any we have seen in our lifetimes, a market devoid of government meddling. With every passing decade, consumers could buy cheaper, safer, and more convenient energy, thanks to continual breakthroughs in technology and efficiency — topped off by the discovery and mass availability of an alternative source of energy that, through its incredible cheapness and abundance, literally lengthened and improved the lives of nearly everyone in America and millions more around the world. That alternative energy was called petroleum. By studying the rise of oil, and the market in which it rose, we will see what a dynamic energy market looks like and what makes it possible. Many claim to want the “next oil”; to that end, what could be more important than understanding the conditions that gave rise to the first oil? 

In the essay, I argue that the amazing speed and impact of “the original alternative energy industry” is achievable today. What will it take? Go read “Energy at the Speed of Thought” to find out.