This post couldn't have come at a more opportune time. With Al Gore winning the Nobel Peace Prize for his efforts to make the world aware about global warming it time we start talking about energy and the powers that govern them.
Most of the unwarranted politics in the world is around one of two things arms and oil. Oil primarily. One who has control of the oil well controls the way the world goes around. The developed world is so dependent on gasoline, aviation fuel and what not that it shudders to think of a day when people turn up to the gas station and the pumps have run dry. Especially the US. Hence its ever increasing desire to control the oil supplies in the world, by money or by force as witnessed by the recent wars (on terrorism ??). A lot of strife in the world is perpetuated by this fight for oil. The Al Kahida hates the US and the US hates their guts and both of them engage in mindless bloodshed that hurts the world at large. It divides people, us versus them. And I think most of it goes back to this fight for Oil.
Now why am I talking about oil politics? I think we have depended on this fossil fuel for a long enough time and definitely the debates show that this mechanism is not sustainable. We should look for alternate sources of energy. That has been common knowledge for years. But I believe asking the developed nations to lead the way would not help. Their switching costs are too high and most of the people in power want the monopoly of oil to continue. It fills up their coffers. An average American can't even imagine a day when there would be no oil left such is the dependence. Its very unlikely that they will make the switch.
This offers the developing nations a big incentive to explore new and sustainable energy sources. They have not made extensive investments for exploiting these fossil fuels and most probably they will not have a say in the allocation when OPEC decides the quota. I think it offers then an excellent opportunity to do extensive research and develop alternate forms of energy.
If they were successful this would definitely make them a more independent and prosperous as a country. It will also make the human race more sustainable and maybe the world a more peaceful place to live in.