akapital

The Economic Impact of the G20 Ending Oil Subsidies

This is one of the most interesting articles that I have read on SA for some time. Granted it is speculative in nature (e.g. that the G8 will be ending subsidies for fossil fuels) but that is precisely what makes it so interesting. And further more, aren't we all here speculating about something or other?

I also happen to agree with most of the premises and conclusions of the author. Subsidies for fossil fuels are no longer giving us a valuable return on our investment. We need to diversify. Some might argue that it is not even a choice; we have to diversify.

I think the diversification argument holds as true for the individual investor as well as our gov't energy policy. We will see that played out in the coming years.