How long before "green energy" liberates us from importing oil?
I have faith that some day, American ingenuity will make enough technological advances in green energy (electricity, wind and solar). But these industries still rely on heavy government subsidies.
I will be convinced when companies risk their own capital, and I'm able to afford a vehicle that is reasonably priced (under 20,000). So far, diesel is the only realistic alternative for me.
One thing that I do know is that it will most likely not happen in at least the next 20 years. Why? Due to, as you stated yourself, the high pricing of current green energy alternatives.
Further companies will likely not be willing to risk their own capital on something that is, so far, little tested and hardly developed.
Hopefully, we will be able to see over the course of the next couple decades some progress in turning to a more environment friendly world.
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