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(To save, to invest) - (Electric Universe) '..new approaches to light management .. will enable ultrahigh efficiencies..'

Posted by ProjectC 
<blockquote>'There is no reason to suppose that this process will come to a halt short of reaching the Garden of Eden, where all scarcity has disappeared…'

– Dr. Hans-Hermann Hoppe (Context)</blockquote>


'..people .. pay .. with goods and services that they have produced.'

<blockquote> 'Now, contrary to popular thinking, individuals don't save money as such. The chief role of money is as a medium of exchange. Also, note that people don't pay with money but rather with goods and services that they have produced.'

– Dr. Frank Shostak (Source, January 25, 2012, Context)</blockquote>


'..new approaches to light management .. will enable ultrahigh efficiencies previously considered impossible.'

<blockquote>'For decades, solar-cell efficiencies have remained below the thermodynamic limits. However, new
approaches to light management that systematically minimize thermodynamic losses will enable
ultrahigh efficiencies previously considered impossible.'

- Albert Polman and Harry A. Atwater, Photonic design principles for ultrahigh-efficiency photovoltaics (pdf), Nature Materials, Vol 11, March 2012 (context)</blockquote>


Context '..a future that doesn't rely on burning oil, coal and natural gas..'

<blockquote>(To recover) '..the increase in saving permits the financing of new investment projects..'


Eric Schmidt, CEO of Google, called for replacing all fossil fuels with renewable sources of energy in twenty years. - wikipedia, Fossil-fuel phase-out


<A href="[en.wikipedia.org] toward renewable energy</a>

The Science of Human Action - Praxeology (The Logic of Human Action) - Die wirtschaftliche Energie (1893) (“Economic Energy”) - The Third Industrial Revolution has begun (6)</a>