Just like Who killed electric car described, lots of times, the big oil is keen to buy out any promising battery technology and then kill it. By buying out new shoots in battery technology, they claim credits for investing in "new technology" and "alternative energy" and then they nip it in the bud.
On the other hand, Detroit has interests in investing in electric car but they are driven by quarter-economics and they can not cut themselves short by dumping old oil-car or heavily investing in the electric car, which was why GM used such heavy hands to cannibalize his own electric car prototype. If you had ever watched the movie, "Tucker: The Man and His Dream", you can vividly see how Detroit is good at killing new technologies and maintain its profit edge.
Bill Clinton once mentioned, the energy industry is exactly the field that needs more governmental encouragement, because the oil industry is prone to monopoly by nature and the market is not efficient enough in this industry. With government encouragement, once the new technology take roots, while likely killing the old industry, it will sperm a whole lot more business
opportunity... just like that computer and printer killed typewriter industry for good.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment