Roadstar Biker

Global Regulation Trend Favors PowerShares Global Clean Energy

Global warming is just another very real symptom of irresponsible pollution. And pollution is one way to shift the indirect costs associated with production and consumption off the private sector balance sheets. Problem is, those costs don't go away - they get borne by the public sector. And dealing with the costs of pollution (erosion of public health, productivity, availability of resources, etc) is growing burden bill that will eventually have to be paid.

If you have any doubts about this, just remember than in our life time we went from drinking tap water at pennies per gallon to drinking bottled water that's several times more expensive that gasoline. Don't buy into the fools argument that natural resources are infinitely available or that the environment has an infinite capacity to absorb our waste. There is not such thing as infinite availability or capacity.

The reason this article is even on this site is because smart folks realize that these issues are real and innovative solutions are needed now. The only real choice we have in this country is whether to increase public and private investment in alternative energy and catch up to the rest of the world, or continue down a path that guarantees that we'll by buy this technology from Germany, China and other nations.