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From Reykjavik with loveMapping it out
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Investment in advancing energy technology?
As a physics student and researcher, my eyes are always on the
horizon of technological advancement. Nowhere is such advancement
needed as it is in the energy industry. I believe economic
motivation to be the only force that could ever break us of our
dependance on oil. Until a more efficent and cost effective means
for fueling our rising energy needs is found, we will continue to
lean heavily on oil. Big oil companies are the only ones who stand
to lose anything from a breakthrough in energy technology. They
also, however unfortunately, posess the most relavant resources and
capability to develop shuch a technology. Is this a conflict of
interest? I assume big oil would have us think not. How are these
companies investing their recent record profits into progress
toward alternative energy sources. Are they at all? Or is what
little they are doing only a PR stunt?
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