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Another way to look at it is -- the high prices are SUBSIDIZING the development of cheaper/cleaner/more efficient energy sources by making them more attractive. Once we have an ECONOMY OF SCALE for these alternative energy sources, their prices will drop. Assuming fossil fuel prices remain high, this trend towards alternative energy may become irreversible. And perhaps, the world maybe better for it. Or maybe not. We'd just have to see. Regardless, the environmental/political impact of high fossil fuel prices/dependency is quite evident.
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