A 50-year plan for energy

Don't look to the government

It seems it doesn't matter who is in the White House, one of the complaints I hear most often is America's lack of an energy plan. Of course, that assumes it is the government's job to come up with one in the first place. In this recent TED talk, Amory Lovins, a cofounder of the Rocky Mountain Institute, lays out a 50-year energy plan for America. He starts by asking, "What if we could make energy do our work without working our undoing?”

From that questions, he lays out a number of practical, actionable steps private business can do now to reduce our dependence on oil, grow our economy and save money. He says industry is changing as technology evolves and likens it to the typewriter manufacturers that were replaced by computer companies. Ultimately, he says our future energy needs may be "not dug from below, but flowing from above."

After you've heard what he has to say, tell us what you think. Is Lovins right in rallying private equity to make these changes, or will it take nothing short of a Congressional mandate? Do we even need to make these changes?

About the Author
Michael McFarlin

Michael McFarlin joined Futures in 2010 after graduating summa cum laude from Trinity International University, where he majored in English/Communication. With the launch of the new web platform, Michael serves as web editor for the site and will continue to work on the magazine, where he focuses on the Markets and Trading 101 features. He also served as a member of the Wisconsin National Guard from 2007 to 2010. mmcfarlin@futuresmag.com

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