Word: solarized
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Dates: during 1970-1979
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...Solar energy may ultimately do much to heat and cool homes and factories, but its large-scale use for electricity is a long way off. Even a highly-some would say unrealistically-optimistic federal study forecasts that solar, wind and wave power and the conversion of sun-grown organic matter into methane would at best meet 20% of all U.S. energy needs...
...conference hall. When I asked Milliken if support for nuclear power plants was inconsistent with his concern for toxic chemicals and the environment, he lowered his voice a little and said, "Well we are going to have to go ahead in a very cautious way, but wind and solar energy are not going to solve this country's energy problems," adding that "environmental risks and economic advantages are not mutually exclusive...
...dealing in an exhaustible asset: though the day when the oil begins to run out has been delayed, it will come. The companies prudently are putting huge sums into diversification. They own far more coal than firms that specialize in coal mining, are active in uranium production and solar power research. Exxon and Gulf are partners with Cities Service and the Canadian government in Syncrude, a company that will open a plant designed to squeeze oil at last from the famed Athabasca tar sands. The sands, in northern Alberta, have long been known to contain gigantic amounts of petroleum...
Meanwhile, what to do with the money will be a problem. More will be invested in developing new kinds of energy-shale oil, solar power, coal gasification-but the Sisters expect utility-type regulation by governments that will hold down their return. There is still strong sentiment in Congress to limit, though not forbid, acquisitions in non-oil energy fields. Acquisitions of completely unrelated businesses, like Mobil's link with Marcor, probably will be held back both by political opposition and by :he feeling of most oil managements that they should stick to fields in which petroleum expertise...
...will see a major expansion in spending for energy conservation and development. For nuclear, solar, shale, sands-all of them. We will get an extraordinary amount of basic research. There will be an awful lot of replacement and modernization across the board-in steel, paper, textiles, chemicals, aluminum. I don't know of a single industry that will not draw enhanced investment...