There's certainly been plenty of fuss in the press lately about investment in Green energy. From Solar panels with 60% efficiency (something that my Uncle, a PhD in photon physics has been investigating) to algae-covered roofing, to the hybrid wars (Toyota still carries the flag), to Bolivia proclaiming itself the new "Saudi Arabia of Lithium" (thanks Peter Day!).
It seems that propulsion of passenger vehicles will, in the United States at least, continue by fossil fuel. There might be a higher transition rate to hybrid vehicles, and, if GM gets its way, a renaissance (can't believe why people think Electric Vehicles are a new thing - they are not!) of EVs. Pure Electric Vehicles will be charged overnight, or, through some amazing induction system, in under 10 minutes at a gas station. However, the electricity will originate from fossil fuels. In France, this electricity might originate from Nuclear power.
Thus we'll see an increase in demand for electricity, and an increase in the demand for oil.
Notice that the stocks of many electricity companies have been creeping up over the past 6 months. Huge demand (both peak and off-peak (off-peak will cease to exist by 2012, as everyone plugs in his car at night creating a surge around 3am)) will mean that electricity companies will increase their prices (not wanting a 2001-style California fiasco). The government will be forced to deregulate the industry, and re-assess the "utilities" as commodities.
My thoughts: CALL OPTIONS ON ELECTRICITY COMPANIES ARE UNDER-PRICED.
WARNING: Not related to Electricity! :)
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Meanwhile, Internet access will shift towards being a utility. Sorry, AT&T and all of you dark-fibered dinosaurs. You should have seen this coming. Also, AT&T, you ought to grow up. "Hang up when you have finished leaving your voicemail" is so 1930s. This is the age of Twitter for heaven's sake.
Which begs the question, why on earth is ak on Blogger?
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