During the late 1800’s, many scientists talked about the idea of “free energy”, a utopian theory where electricity is cheap enough to produce that every citizen who owned property would have it in their homes for no cost to them. More than one hundred and twenty years later, this topic is still being researched. However, there is one problem with this theory. Taking away the electricity bills from our country would result in much less money flowing through our economy. Not only that, but it would result in hundreds of thousands of people without jobs. If the electricity is free, this means that there is no possible profit, and therefore, there would be no money to pay the workers, leading to layoffs all across the country. In these tough economic times, this would prove detrimental. Perhaps what the focus should be on, rather than “free energy”, is increasing the efficiency of the energy produced today, resulting in lower costs. We have the technology and the means to do just that.
Thursday, October 20, 2011
Old energy perspective of "free energy"
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