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How we’ll solve the energy crisis

With cleverness and good-old-fashioned supply and demand.

WindTronics is selling a $6,000 wind turbine at Ace Hardware that can power 20% of your household needs.

If power gets really expensive or unreliable, we’ll all run out and buy five of them. I don’t know about you, but my TiVo and laptop are getting electricity, whatever it takes.

And that demand will drive the price to $1,000, and it’ll be available at every Home Depot and Walmart. Apartment buildings and realtors will be bragging about self-powered properties.

Americans like to argue about theoretical solutions forever. But when the sh-t hits the turbine, we do what we need to do to get it fixed.

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Comments

  1. Anton November 18, 2009 at 4:30 am #

    So you are saying that increase in demand will lower the prices? I think I heard the exact opposite in my first economics class :)

    Can you elaborate?

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