Despite the horror with which I view rising utility
rates here in California, I suspect that they are in
our own long-term best interest.
I recently saw a PBS special where a building was
constructed in such a way that it was a net energy
producer. It collected solar energy (and other
energy, I think) and stored it in hyrogen/oxygen
fuel cells, which it used at night to run the lights
and heat.
Rising rates will make that kind of construction
not only feasible, but imperative. The end result
*could* be a "distributed grid", where every building
is a self-sufficient energy center.
But that won't happen while prices are low. Since
we stand to run out of oil completely in the next
20-40 years, and since overpopulation continues to
dwarf our ability to generate power, we will be
facing a major energy shortage in the not-too-
distant future.
Rising rates now mean that we may have sufficient
time to put alternatives in place. If rates are
held low until the last minute, we may be faced
with even more dire consequences.
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