Insightful thinking

Often the most insightful thinking can be found in the most secret and hidden of places. Not so say that anything is being hidden on purpose, but rather that something can be found only after doing a little digging.

An example is found here, in a comment to an entry on the Mises Economics Blog:

The turning point in the global warming debate will come in about 10-20 years when the weather is observed to be the same as it is today for all practical purposes. Then we will stop worrying about actively doing anything to stop CO2 increase. In the interim, we will actually do nothing about it. How do I know we will do nothing? I only have to observe how angry people get about high gasoline prices.

Oh so true! People, who during their daytime job (as Leftist public opinion analyzers) complain about gasoline prices, write articles and reports every day, saying that man should reduce its energy consumption for the sake of reducing energy generation. Is that not some kind kind of hypocrisy? I can't see how not.

Another comment on the same post is a long speech about the great wonders of nanotechnology and its ability to greatly increase energy generation using solar power (vastly superior to the modern day, space demanding solar panels).

We are awash in energy (10,000 times more than required to meet all our needs falls on Earth), but we are not very good at capturing it. That will change with the full nanotechnology-based assembly of macro objects at the nano scale, controlled by massively parallel information processes, which will be feasible within twenty years. Even though our energy needs are projected to triple within that time, we'll capture that .0003 of the sunlight needed to meet our energy needs with no use of fossil fuels, using extremely inexpensive, highly efficient, lightweight, nano-engineered solar panels, and we'll store the energy in highly distributed (and therefore safe) nanotechnology-based fuel cells.

If these words are correct, this will mean one thing, and one thing only: Entrepreneurs will pump money into this new, superior way of generating energy, and eliminate all competition from companies who depend on expensive and risky oil-drilling methods, at best an extension of a principle of putting a hollow metal object in the ground where oil is located. The market will soon put the these words to the test. No other action is needed, let alone government action!