I've heard that investors in electric power companies have a keen interest
in things like high-temperature superconductors and mass produced fuel
cells, because of associated and potentially devastating long-term impact on
conventional utilities (traditionally attractive stocks to long-term
investors). Suppose investors, having learned of impending production of
fuel cells and the realization of high-temp superconductors, dump their
stock. Has anyone noticed the stock prices of electrical utilities in
California?
Could this have anything to do with power companies whining about not being
able to supply enough power, and asking users to cut back on usage? Unless
I'm way too stoned, doesn't this help to explain the bizarre behavior of
companies that make money selling electricity, asking people to buy less of
it? Perhaps the big power companies are in trouble, and they know it, on
account of new high-tech methods of generating power. The power companies
don't relish broadcasting the news of their impending obsolescence, and
neither do their owners. But they do need to let the general public know
that power shortages may (no, shall) occur, until the new technologies are
in place. How can they explain that without appearing deceitful, especially
since none of the new alternatives seems ready to take up the slack?
Stay hungry,
--J. R.
3M TA3
=====================
I think I must add "free will" to the list of "consciousness" "phlogiston"
"vitalism" and "mind" as examples of useless hypotheses.
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