As we all await the widespread distribution of new energy technologies, we can’t help but wonder if the fossil fuel industry will be as disrupted as we think. The idea of affordable alternative energy on a massive scale – a scale big enough to replace coal-fueled power plants and provide energy for manufacturing plants – the place of fossil fuels will surely be shaken.
One of the comments made on Andrea Rossi’s website, the Journal of Nuclear Physics, asked Mr. Rossi if he had made any kinds of plans or engaged in any talks with governments to “minimize the turmoil (and potential collapse) in the energy/financial markets”.
Mr. Rossi’s response was “no”. This is understandable. He is not an ambassador or diplomat, but an inventor. And, as he has repeatedly pointed out in his blogs, he and his team are working very hard both in the manufacture of the first commercial Hot Cat for a paying customer, and in development of new technologies, before the “old” ones are even dusty.
As far as investments go, Mr. Rossi suggested that the individual investor should:
“…be very cautious until many plants will be in operation.”
This is a curious comment. One would think that Mr. Rossi would encourage investors, but he has never made this a priority in his work. Perhaps the new U.S. partner is providing adequate funding, and is keeping the investment opportunities private at this time. Mr. Rossi has said all along that once the Hot Cat and E-Cat are proven on the market, consumer demand will create the demand.
He then makes a very insightful comment:
“…it will not be a revolution, but an evolution through series of integrations.”
An energy revolution would involve crashing stock markets, massive layoffs, and political power plays on a global game-board. An evolution would occur slowly and steadily, giving people, economies, industries, and politics to adapt gradually. Let’s hope that Mr. Rossi is right, and the world will be able to evolve into this superior technology. As consumers realize the benefits, and as demand increases, let’s also hope that self-serving governments or powerful industries do not succeed in blocking use of the Hot Cat.