Economies
The synergistic effects of Mirror Energy are going to create unlimited
opportunities for billions of people. The United States, European and World
Economies are going to increase significantly. The major economies that will be
created in addition to Energy Economy are the Hydrogen, Carbon and Knowledge
Economies.
Energy Economy
The savings from importing foreign oil could be investing
in the United States; and business create ten of millions of high tech
jobs. Today, United States spends about $200 billion on oil each year. If
oil prices double, the cost would be $400 billion per years. Achieving
Energy Independence would enable United States spend the money in this
country and create ten of million of high tech jobs. Using Mirror Energy,
the United States economy could grow from $15 trillion today to over $150
trillion in the
Global Economy.
Hydrogen Economy
Off peak power can be
used to production of oxygen for commercial application and hydrogen for
motor vehicles as well as two new sources of income for the utility
companies. The Hydrogen Economy
becomes reality. 50 million metric tons of hydrogen would be need for the
200 million motor vehicles in the United States, which means only
doubling the quantity of hydrogen. To produce 200 million
new cars at $25,000 per car is $5 trillion United States Market.
Carbon Economy
The fossil fuels could be manufactured into million of different
products. Today, the chemical companies currently use only four percent
of the oil for making products. This means that the other ninety six
percent could be used to make products and provide services rather than
burning the fossil fuels and destroying our environment. In addition the
billion of barrel of oil, the billions of tons of coal, and trillion of
cubic feet of natural gas could also be used to make products to help
other countries move into the twenty-first century.
Knowledge Economy
Today, knowledge is explained by who you know. In the
future, knowledge is going to be explained in what you know. Today's $1
trillion World Education Market could increase to over $100 trillion. The
internet will continue to expand people's knowledge. People should
continue to learn and dream as they follow their journey though life. The
World would be a far better place if everyone could live out their life
following their dreams.
The World's Economy will
grow from $40 trillion today to over $1,000 trillion in the next thirty five
years. But, the real benefits come from taking billions of people out of
poverty, providing them the opportunity to have a World-Class Education, and empowering them to live
out their dreams.