by David Sassoon -
Jun 23rd, 2008 
The Future of Energy: It's Closer than You Think.
That's this week's Economist cover story. And here's the final few sentences (page 17.)
The best thing that rich-world governments can do is to encourage the alternatives by taxing carbon (even knowing that places like China and India will not) and removing subsidies that favour fossil fuels.
Competition should do the rest—for the fledgling firms of the alternative-energy industry are in competition with each other as much as they are with the incumbent fossil-fuel companies. Let a hundred flowers bloom. When they have, China, too, may find some it likes the look of.
Therein lies the best hope for the energy business, and the planet.
The Economist, that bastion of free-market wisdom, has gone green. Eureka! Will the Wall Street Journal be next?
Don't hold your breath, even though the reason behind the Economist's support for a clean energy revolution is purely monetary.
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