July 16, 2012

WALTER RUSSELL MEAD: Energy Revolution 2: A Post Post-American Post. “Forget peak oil; forget the Middle East. The energy revolution of the 21st century isn’t about solar energy or wind power and the ‘scramble for oil’ isn’t going to drive global politics. The energy abundance that helped propel the United States to global leadership in the 19th and 2oth centuries is back; if the energy revolution now taking shape lives up to its full potential, we are headed into a new century in which the location of the world’s energy resources and the structure of the world’s energy trade support American affluence at home and power abroad. . . . Since the 1970s, pessimism about America’s energy future has been one of the cornerstones on which the decline theorists erected their castles of doom; we are now entering a time when energy abundance will be an argument for continued American dynamism.”

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