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August 2008

We need a Power Surge

By Raman Jokhakar, Tarunkumar Singhal, Chartered Accountants
Reading Time 1 mins

New Page 5

57 We need a Power Surge


The key to heading off devastating climate change — and to
sidestepping out-of-sight oil prices along the way — is to improve technology.
We need good alternatives to fossil fuels, not the ersatz variety in which we
convert corn to ethanol and then face soaring food prices. We need to harness
vast amounts of solar power and start storing the carbon dioxide emitted by
coal-fired power plants underground. We need green buildings that demand less
energy for heating and cooling, and automobiles that get vastly more miles per
gallon.

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