Impacts of free energy

Claude Thiébaut - 20^th of October. 2008 - Updated on 16^th of March. 2014

States will they be able to give up the tax revenues from the petroleum retail ?

Tax revenues derived from energy product sellings are significant in absolute value but represent only a few percent (2-3%) of the gross domestic product (GDP) of a country like France. But in an obvious way, the importation of petroleum products contributes to the worsening of the annual deficit of the trade balance for a percentage higher than the taxes levied.

The introduction of free energy will therefore translate immediately into a surplus of resources following the termination of the import of petroleum products and therefore a gradual reduction of the indebtedness of the state's trade balance. The abandonment by the states of taxes levied on petroleum products amounting to 5-6% of the taxes paid in each country, will lead to a relaunch of domestic consumption towards sustainable and environmentally free products. The cost devoted to health spending will also significantly reduce while the pollution caused by fine particles and toxic releases issued by the car fleet has become a worldwide health problem.

However, even if the benefits brought by these disruptive inventions of free energy are not in doubt for citizens and states, the likely development scenario will not be as fast as we would like. Indeed, the introduction of these new technologies for producing free energy will necessarily be gradual.

Some U.S. preliminary studies have shown that the "conquest" of the global market will take at least 20-25 years.

Why so long?

Simply for reasons of technological limitation on the one hand: setting up production facilities, new assembly lines, distribution channels, aso.., and inertia of the human community faced with such major changes on the other hand.

What will be the impact on world economic activity ?

One might think that these new technologies will redistribute the cards in the world, and some of these cards will be fairly strategic.

Side of oil producers, nobody will feel sorry and cry over the Gulf countries. By cons, some moderately developed countries which have relied too heavily on oil revenues will struggle to repay their external debt (eg Algeria).

However, petroleum products will be further used, but in much smaller volumes, in the chemical industry. All oil fields using the hydraulic fracturing technology will be abandoned fastly consecutively to the pressing demand of citizens.

The introduction to the market of these disruptive inventions leads us to imagine the following scenari :

• Lowering of energy costs in a huge way will surely revive the global economy by allowing more people to create wealth on a more equitable basis and in a more geographically decentralized manner. In recent times, it was concluded that it was impossible to both increase GDP and reduce harm to the environment. Indeed, it takes energy to create products and no current energy producing method is completely free of greenhouse gas emissions (methane gas produced by large dams in tropical areas - concrete constructions - materials used in machinery construction - extraction purification and transport of uranium to nuclear power plants, a.s.o ...). But this assertion becomes erroneous as long as free energy overcomes the constraint of using fossil fuels while producing this energy with a ratio of high specific power and in a fully decentralized manner. Goods produced will not only be better distributed to the greatest number but they do no more jeopardize the environment: no greenhouse gas emissions to produce them - removal of nuclear power plants, power lines, wind turbines - significant decrease of waste volumes.

• This new deal will enable the poorest countries to gradually break the vicious cycle of poverty by facilitating the mastery of basic parameters of development which are: sanitation, desalination and transportation of potable water, access to cheap energy for domestic and agricultural use, transportation of people and products, creation of communication networks useful in maintaining social relationships and in dissemination of knowledge. Egypt will soon regain vast territories in irrigating the desert after having built plants producing freshwater and powered by free energy machinery.

• Industrialized countries will be driven to abandon the basic sectors of the old industry, born at the dawn of the 19th century (primary needs of society) to move towards products and associated services with high added value: biotechnology and medicine, food research, new materials and reprocessing of wastes, artificial intelligence.

• Paradoxically, global trade will go through a transitional phase of decrease, due to the disappearance or decentralized production of essential elements : much less exchange for oil, gas, tropical fruits and vegetables, becoming profitable to produce in cold countries, minerals whose sudden drop in the cost of energy can now been fully recycled. It should also be noted that the significant amount of work used until the beginning of the 21st century to meet the basic energy needs of humanity and to fight against the negative consequences of industrial pollution (water, air, soil, waste radioactive ) may be converted to other more noble and less time-consuming activities. It can therefore be expected eventually to a significant reduction in weekly working hours , free time is devoted simultaneously to leisure, cultural and spiritual activities .

Conclusions

It is noteworthy that the technological revolution upcoming from free energy, which will impact very soon and sustainably our world, had been predicted by Nikola Tesla early in the 20^th century. This unavoidable evolution has been hampered and slowed down by financial and oil interests and the world could have easily economy the ecological disaster that will affect for a long time future generations. Indeed, there is no "reset button" for gigatons of CO₂ accumulated in the atmosphere and the negative effects will be felt for a long 1000 years period.

Many industrial companies use the term "sustainable development" or "clean energy" to suggest that their products are friendly for the environment. This is certainly false advertising because the technologies used to build thermal power plants have been patented in the course of the 19th century (thermal fossil fuel) and because the materials used  have emitted CO₂ during their manufacture cycle. It is urgent at the beginning of this 21^st century to invent new technologies and machinery that are completely environmentally friendly and do not use either non-renewable stock of fossil fuels or radioactive matters.

In any technological revolution, there are some losers but also winners. The past shows us that the more an emerging technology, truly innovative and disruptive, brings hope for change and development for all, the more initial resistances against it are strong and sneaky.

Tesla had qualified the negative reaction of society that opposes any change, and therefore any progress of humanity, of "reluctant force." It is similar to a friction force that opposes the motion.

The time now is short before the ecological disaster that threatens our planet and one must multiply the efforts to mobilise the interest of investors.