Why Alternative Energy, Part Two
Sometime between 2008 and 2009, or perhaps before then, I got it in my head that the best poetry was political in nature, the best fiction was psychological or sociological in nature, and the best non-fiction, well, was non-fiction!
It was also sometime around then that I got on board the alternative energy train, or rather hopped on the caboose that’s being dragged by the engine. At the time, I wasn’t thinking about writing about the subject. I was only interested in understanding why the drumbeat of news on the subject was getting louder. I convinced myself of the benefits of alternative energy not for the reasons I mentioned in an earlier blog post, “Why Alternative Energy.”
Back then, I could only see the subject from an international economist’s point-of-view. Economic policymakers typically argue that the US current account deficit, the fact that the nation imports more than it exports, is sustainable because it has a large internal market. If it had to, the country could enjoy life without exporting or importing. But it seemed clear to me that America needed to prove to itself as a nation that it didn’t have a balance of payments issue, that our current account deficit was sustainable, or else not on a one-way track to nowhere, and that changing our energy mix would go a long way towards that.