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Julian Blanco

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Do we really want free/cheap energy?

Do we really want free/cheap energy?

Let’s imagine that one of the current alternative energy efforts where wildly successful and energy cost turned to virtually zero, what would happen then?

My hypothesis is:

The price for stuff would sink
Consumption would multiply exponentially
Earth resources would consequentially be drained exponentially faster as well
We will likely have an environmental catastrophe (possibly threatening our existence)

Today the economic limit of production is the energy price (simplifying here), what if the energy cost didn’t matter?
You could fish the seas faster, build larger boats to do so nonstop, as the steel to build them will be cheaper because the machines to extract ore will be less constrained, and so on.

I would love to hear the perspective of the TED community.

On the other hand, if we use this to expand outside earth, then resource consumption and environmental issues are gone.

Regards!

JB

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    Nov 16 2012: ups everything in this world takes something as input & delivers desired output hence processing is always costly in this earth as usual

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