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Mike Colera

TEDCRED 30+

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Why is Western Europe faced with these problems

Western Europe has a long history of advanced civilization. Nearly 400 million people have used most of their natural resources as they advanced their civilization. In the last decades, these countries had turned to nuclear power to maintain their growth and development. However, that became politically.... inconvenient, so they turn to buying fuel resources from outside. Now that outside source has turned on Western Europe, attempting to exert political control. Western Europe is now faced with economic blackmail. How did this happen and why?

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  • Mar 26 2014: This has occurred in two parts; one being political pressure and economic market power.
    Political policy was pressured in a direction opposing nuclear power this caused leaders to look for new sources of energy this increased the worldwide demand for energy (given that less are self producing nuclear energy) as major player in the energy market, oil, has a monopoly share giving it the ability to price set their goods increasing the producer surplus and overall marginal revenue gained from the sale of oil. As in many cases this monopoly power also allows for questionable market decisions to be made such as blackmail or other corrupt policy without great recourse on the demand for oil as it has made its way from a luxury good to a normal good, and as of late oil has moved far closer to a necessity good as far as global economies are concerned.
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      Mar 26 2014: As I understand, current policies limit the use of oil for energy generation. The loss of nuclear power was replaced by the purchase of natural gas. There have been great strides in use of solar power for residential use and an increase of wind generation. But the demand for commercial power has grown and the loss of nuclear power has strained future development.
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          Mar 27 2014: We don't. Nuclear power is not easy. Anytime a great amount of energy is stored or collected in a small space it can be dangerous. Dams burst, coal seams on fire burn for years. These things have happened, too.
          But, our civilization is built on energy consumption. So we either find a energy source that will replace radioactive nuclear power, air polluting coal power, inconsistent solar power and wind power and not raise the cost of BTU or we go back to life of the 1500s.
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          Mar 27 2014: Good Morning, You are up early...
          OK, You make some good points. And some of these are already in effect. We do need to be more energy conscience. But, Americans are not thinking about these issues. Ask any youngster about charging his cell phone. " I just plug it in" No concept of were that electricity comes from or cares. The other day, a reporter asked some college students in Washington DC to name a US Senator. Too many couldn't.
          Everyone is too busy being amused.
          The Roman citizens at the Coliseum. The US citizen on Facebook. The Romans were to busy watching Christians getting eaten and Americans are too busy watching movie actors getting divorced. Neither was watching their governments on the road to hell. I don't fault the big corporations making profits for their shareholders, that is what they are supposed to do.
          I fault us for being too self absorbed to learn and understand what is happening.
          If the US continues on this path. I would predict that some future "President": will declare martial law under some threat and suspend the constitution. Then we become a dictatorship,. After domination by another county, I see us forming into a number of smaller "third world" nations. Think of Italy's history after the fall of the Roman Empire.
          And don't say that it well never happen because we are smarter then the Romans. That is what they said about the Egyptians.
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          Mar 27 2014: True.
          But, It is not the investors, they are out to receive a profit. It's the governmental agencies who put our a "solicitation for bid". that clearly defines the services they seeking and then award a contract to buy those services. Companies are formed to submit those bids and execute the contracts. I am not saying that these companies are without fault, I am saying that they are the spawn of an overextending bureaucracy that is seeking more control. And why do the people keep the elected officials that sustain these bureaucracies. As Pogo said, I have seen the enemy and he is us....
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          Mar 27 2014: Two points.
          You are right, An investor can invest anywhere he wants. There are investments out there that are for people who want to do only green. There are investors out there that look for maximum return on investment. All legal. Each investor has to address his own morality.

          And then..... Those companies out there that are invading our privacy and trashing our rights are responding to bureaucrats desire to invade our privacy and trash our rights.
          Now, you can judge the morality of these companies, and I do, but I find fault with bureaucratic officials that ask for these services.
          Which brings me to a question for you.... did you last vote for an incumbent?
          If you did, tell me how long he has been in office and what made you vote for him.

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