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Saturday, June 16, 2007
Solar Panels
WSJ writes:
Emerging Technologies
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According to this recent article in Technology Review, Spectrolab, a Boeing subsidiary, is targeting 15 cents per kilowatt hour by 2010 and 7-8 cents per kilowatt hour by 2015. So its interesting to note that by 2015 electricity generation by solar power technology could be equal or less than the electricity rates that we are paying now(10-11 cents). I feel that its a big deal because solar is the cleanest way that you can generate power. Based on an article on the UN report recently released, Coal powered electricity generation is contributing to upto 40% !!! of CO2 emissions. With the attention for research and VC funding for Solar Power, Cellulosic Ethanol and Fuel Cell technology, we shouldn't be surprised if in the next decade or so, this results in changes with similar or greater magnitude as the internet revolution in the last decade. Here's the link :) http://www.technologyreview.com/Energy/18910/
The Information Economy
Techdirt has a post by Mike Masnick: "The 'information economy' is not about selling information -- it's about using information to make everything else more valuable. The problem is that many in the US believe that the information economy is about selling information, and that mistake explains many of the strategic mistakes made over the past few decades that we've been describing here. Unfortunately, as we've been noting, the US has bet so strongly on the idea of the information economy being about selling information that it's pushing other countries to put laws in place that support the US's position on this -- and doing so under the false banner of "free trade." The purpose of real free trade is that it's beneficial to both parties through the efficiencies afforded by comparative advantage. In this case, however, these new protectionist policies are only beneficial to the US -- and, as Cory notes, this means they'll eventually be ignored. The benefit is too strong not to ignore them."
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