American Thinker: Green Tech Defined
Remember the local news headline where the science teacher converted his '82 Volvo wagon to run on the grease from McDonald's? The press, fellow teachers, and students swooned at how green-conscious and forward-looking the teacher was. Not surprisingly, no student asked if there were enough burger joints to power a lot of cars and, if there were, whether or not the infrastructure (e.g., gas stations) to distribute French Fry Fuel exists. Bull Tech is technology that seems visionary but whose "Green" value is illusory because the real environmental or financial costs are concealed, or the widespread adoption of the technology is impossible, or because it is financially unavailable to most Americans.‘Peak Oil’ Movement Prepares for the Worst - NYTimes.com
Examples of Bull Tech include the Chevy Volt, the Tesla, ethanol, and biofuels. Take for example the much-hyped electric automaker Tesla. Can you guess the average cost of a new car sold in America? $28,400. The price of an absolute, base-model, stripped-down Tesla? $50,000. This is after $7,500 tax credit from Uncle Sam, so the real cost is $57,500 plus the cost of installing a 220-volt plug in your garage. Not only are Teslas financially out of reach for the average American, but they aren't zero emissions, either. The electricity to manufacture and power them has to come from something, and guess where it most comes from? Coal-fired plants.
Andre Angelantoni is not taking that chance. In his home in San Rafael, Calif., he has stocked food reserves in case an oil squeeze prevents food from reaching market and has converted his investments into gold and silver.
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Mr. Angelantoni, 40, came to his concern about peak oil from an interest in climate change, because he felt its impact would be more precipitous.
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