Steron, an Irish company, has today claimed they have invented a technology that produces free, clean, and constant energy. Supposing they are right, what impact do you think this would have on our world?
see www.steron.net
2006-08-18 20:19:33 · 9 answers · asked by MrTom 1 in Business & Finance ➔ Investing
Sorry, that's Steorn, not Steron
2006-08-18 20:23:59 · update #1
the economy would collapse and their would be chaos.
2006-08-18 20:26:53 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Would it change the world? Sure. We have free electrical energy... it's called the Sun. We just don't use it enough. But we will be very soon. Many solar companies are building massive factories and each year more factories are coming on board plus the factories that are already built are continuiing to build solar panels. Nanosolar cells are going to be neat. Embedded into paint on your car, or the fabric on your shirt. The possibilities are endless. It will take some time. The economies of the world can't change overnight.
2006-08-20 03:46:14 · answer #2 · answered by ulchka 3 · 0⤊ 0⤋
Clean, constant energy - a possibility. Free? I don't think so. They need to recover their money spent on research and development! For one, if the clean and constant energy can be produced, it will reduce wars over the oil-rich territories. Then again, the wars may be over the technology or this company ;-)
2006-08-19 03:26:19 · answer #3 · answered by TK 4 · 0⤊ 0⤋
First of all, you can't create something from nothing. You can't create energy like they're claiming. They've got an idea for a perpetual motion machine which is impossible. A lot of people have tried to develop a propetual motion machine in the past and haven't succeeded.
If you don't believe me, I can beam over with Mr Spock and Data and they can show you.
2006-08-19 03:34:11 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If power became very, very cheap it would flatten economic competition. Right now countries with good electrical systems have an advantage over countries or areas that don't. A peasant in rural China would be much more able to manufacture goods or work with a computer if power were approaching free.
2006-08-25 05:58:40 · answer #5 · answered by Paul D 5 · 0⤊ 0⤋
The world would be enviromentally cleaner, car manufacturers may reengineer their autos to support this energy, and every household and business in the world who have the finances to utilize this energy. This energy could do wonders to the world IF its cheap to utilize and sustain. But it won't be. Look at the case with solar power
2006-08-19 03:35:38 · answer #6 · answered by str8trisor 2 · 0⤊ 0⤋
I think the news was either misreported, or you misunderstood it.
There is nothing free in this world. Does not the Irish invention need any machinery, buildings, energy, water, workers, office staff, working capital etc etc?
2006-08-19 21:27:53 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I dont know what will impact on the world
but in my opinion it is possible, because i also have an idea to produce free, continous energy....
2006-08-19 03:38:36 · answer #8 · answered by Mohammad Shahid 1 · 0⤊ 0⤋
no one would take physics anymore since it totally violates the principle of conversation of energy (energy is fixed, you can't created or destroyed, you can get energy only by "borrowing" from somewhere).
regarding the reaction from the business world, depending on the cost of producing and supplying of such energy, such news might shock the existing energy industries as they would be replaced by this new supply of energy....
2006-08-19 03:38:03 · answer #9 · answered by Anonymous · 0⤊ 0⤋