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The Economist: Electricity Is The Future

The Economist: Electricity Is The Future

By Piers Fawkes on June 26, 2008

The Leader in the Economist (June 21 08) argues that electricity is the future of power and that the interest in technologies like hydrogen and biofuels will pass. It argues that only electricity is the real alternative to pumping your car full of gas.

The issue remains – how the power stations make that energy. The magazine says that the price of power made by wind is closing on the price of coal (with solar not far behind) – and that charging a tax on coal to pay for the eco-effects of the carbon-dioxide it generates would level the playing field.

More: Economist

Piers Fawkes

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Piers Fawkes is the founder and editor-in-chief of PSFK, a daily news site that acts as the go-to source of new ideas and inspiration.

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