Ricchiuti: Alternative fuels will power tomorrow’s economy
Low oil prices have benefited American consumers, but demand is on the wane.
This year, the Kentucky Coal Mining Museum switched to solar power, the big three German automakers announced they don’t intend to build internal combustion engines after 2030, and the Saudi Arabia government set the stage for an initial public offering for the national oil company.
To Peter Ricchiuti, those three developments represent everything you need to know about the future of energy.
“Alternative fuel: It’s real, and it’s coming,” he says.
The Tulane University business professor offers an offbeat and colorful assessment of many key economic drivers, placing significant emphasis on energy.
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