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In this prescient volume, noted economist Robert Bell argues that--the next four years will be an increasingly frenzied lead-up to a gigantic stockmarket bubble in renewable energy;--the new energy revolution will have a profound impact on everything that humanbeings construct, move, or deliberately heat or cool;--and the consequences of the first truly global stock market bubble will transformevery country, every industry, and nearly every business.But after the bubble bursts, most of the investors in the bubble, those who didnot get out in time and numbering perhaps a billion or more, will have lost a materialamount of their life savings. Some will have invested individually, others through theirpension funds, still others through their governmentGÇÖs tax money, and, finally, quite afew through all of the above.And, what of the outcome? A World-War magnitude of invested money willactually have paid for the transformation out of oil and into renewable energy. Theresult--the climate will probably have been saved, and there will be nearly limitlessenergy. But it will have virtually no monetary value. Energy will be GÇ£too cheap tometer.GÇ Readers of
The Green Bubble will learn about the new energy revolution and willdiscover what works and what doesn't, and why they will have to watch their investmentsclosely--especially those made by others on their behalf.
Summary
Lays out the scenario of "after oil", combining considerations of energy, geopolitics, the functioning of business and markets, extending to the mores of American society.
