Re: Alternative energy and the Automobile Industry
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without harming the automobile industry?
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I firmly believe that given 25 years the US auto industry will have gone the same way as the UK auto industry. The US capitalist system is simply not 'set up' to enable the long-term investment required of that industry over the short term concerns of their shareholders etc. Non-US companies are far less beholden to the many factors that seem to hold back US manufacturers. I also think the US government will realise that it's painting itself into a corner when countries outside the US start making serious economic progress on the basis of alternative energy.
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