What Does Fusion Mean for the Future?
By Art Carden
Writing at Forbes.com (for whom I am also a contributor), William Pentland discusses Lockheed Martin’s alleged breakthroughs in fusion technology. We’ve heard “fusion is just around the corner!” for a very long time now, but as Tyler Cowen notes, this time oil prices are down (albeit not necessarily as a result of this).
What else should we observe if we’re less than a decade away from essentially unlimited, pollution-free energy? For starters, it might be the time to sell not just oil, but also land in and bonds of oil-producing countries. If this seriously dents climate change, maybe Miami real estate will be a better long-term investment. What else?