Boy have you ever hit the nail on the head. What most of these conspiracy nuts forget is that world revolves around economic realities. If the infastructure, cost etc of alternatives to oil products are not there, then no progress will be made. If foir instance oil passes 200US per barrel then and only then will you see serious investment both by Governments and large Corporations to build out the infastructure and refine the newer technologies.
Sure there are interesting new technologies, but there is hardly a conspiracy to withhold them from the world. Only basic economics holds them back.
kf1
A very sound description of what is in fact the reality of the situation.
Nut jobs like WoodPeker seem to feel that there are 12 old men sitting in a boardroom agreeing on how they can screw WoodPeker over by burying a certain technology or dictating policy or price.
The world just does not work that way. There is just too much competition and access to information of a select group of robber barons to "hold development of a solution" in order to grab all of the profit pie.
Another misconception the idiot WoodPeker is he thinks that all of these competitors some how act together in order to wring the last nickel out of his pockets.
That is logistically impossible
Each company plots its own course and allocates its money and people to develop what they hope will be profitable projects
In many cases the time and $ required to develop a game changer is too long and too much, so they pursue another project.
Ballard Power is prime example.
They spent 20 years and billions trying to develop a technology (fuel cells I believe) to replace the internal combustion engine in cars.
They eventually recognized the payoff for shareholders is too far off in the future and too little, so they altered their direction.
A responsible move from the share-owners point of view
Should they have committed to continue losing other peoples money for the greater good of society?
In commie-land perhaps, but not with my money if I am a shareholder
Now if oil goes to $200 / bbl, then perhaps Ballard could make an acceptable return on the money invested and would revisit the technology
Of course WoodPeker would arrogantly claim they should have continuing to develop regardless of the price forecast, but would he be willing to risk his money for another 20 years with a 50 / 50 chance of sauces?
No he would not