In the middle ages, early “scientists” spent years in medieval laboratories experimenting with crude instruments and processes in search of the holy grail of old world chemistry: a method for turning some common material into gold. These ancient alchemists labored in vain, of course, as not a single ounce of the precious material was ever produced.

If ever such a method was needed by the nations of this world, it is now. We are presently pouring billions (trillions?) of dollars into the economies of this planet in a desperate hope that we can restart the machinery of production that has propelled our civilization forward ever since Adam Smith cried out, “Gentlemen, start your engines!” The problem is that it’s not real money we are pouring into the tank, but “tomorrow money”.

Mankind rides a perilous plane whose engines are sputtering. It doesn’t take an aerospace engineer to tell us that if we don’t get those engines up and running soon, the plane is headed for an unpleasant encounter with the ground. So our governments are headed out onto the wings with their cans of make-believe gasoline, hoping that somehow, some future generation will come along and retroactively fill those cans with real hard-earned dollars. Oh, where are the alchemists when we really need them? If only we could create money out of thin air.

Well guess what, Yankee fans…we can!

I want you to picture an ancient alchemist laboring away in a modern garage — -think of a white-bearded Merlin hammering on a sheet of metal, and painting it with an exquisite coat of silver. He labors well into the night, and finally, he hauls his magic machine out onto the driveway and sits, waiting for the sun to come up. Slowly, the rays of the morning sun fall upon his magnificent invention. And lo and behold — -a gold coin drops to the pavement!

Merlin! You’ve done it! You’ve turned sunlight into gold!

Does it sound like fiction to you? A legend, perhaps? All too good to be true? Well, it is true. You can prove it to yourself by mounting your own solar cash machine on your roof — -put a solar thermal collector up there and watch your hot water bill drop like a stone. It will literally turn sunlight into gold. The $20 or $40 or $70 a month that you used to send off to your local gas or electric company now stays in your wallet. Sunlight falls on your roof and money appears in your wallet! It’s solar alchemy!

The same thing happens if you install a solar electric panel, or a wind generator. At then end of the day, real money shows up in your wallet.

So what are the considerations here? Clearly, if Merlin’s Magic Machine costs $100,000 and it only drops a dollar a day on the pavement, there wouldn’t be a big rush to buy one. Conversely, if it cost $100 and produced $10 a day, you’d better watch out for the stampede. So the very first consideration is this: can the machine pay for itself from the money it generates? Our experience with wind generators is a resounding “Yes!”. So, too, solar pays for itself over its lifetime, and then goes on to generate free money.

The implications of solar and wind alchemy are profound. Devices can be created and placed in the sun or the wind, and real capital is produced for mankind. The more devices, the more capital. This is a simple fact that our governments need to get a grip on. Instead of incurring debt for our grandchildren to pay off, try planting solar and wind seeds that will grow into money trees, ready to harvest by the time they are slammed with the credit card bill we have run up on them.

It is obvious that mankind is going to have to undertake a transition to a non-fossil reality. Our planet is going to die if we fail to act on this truth. What is important to recognize, and what I hope this blog comment brings home through its simple analogy, is that this transition is CAPITAL PRODUCTIVE! We are going to need trillions upon trillions of dollars in the future. If we simply start the process of harvesting sunlight and wind on a massive scale, the money will be there when we need it.

So, my dear government officials, don’t put imaginary gasoline in the sputtering engines. Try sunlight instead.



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