The Art of Long Term Thinking

One of the most beautiful paragraphs that I have seen...

The global energy industry provides a great example of the need for long-term thinking. It took coal nearly 100 years to bypass traditional energy sources (such as the burning of wood) as the world's primary energy source. It then took oil nearly 100 years to surpass coal usage. Natural gas has been more than 100 years in development and now represents about 20% of global primary energy use. Similarly, it will take new renewables, such as wind, solar and biofuels, 10, 20, or 30 years to catch up with coal, oil and natural gas. That's the reality of energy markets and one of the reasons why long-term thinking is so critical in the realm of clean tech.

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