And the Winner is… the Oil Companies!

The prize, usually awarded to a great inventor, this year goes instead to the entire oil industry, in recognition of the unusually high prices they are demanding for this important resource.
The initiator of the prize, Gerhard Muthenthaler, explains, "Cheap oil was the main reason that great Greenventions have not been pursued with enthusiasm. But the more expensive oil gets, the faster we'll start to see environmentally friendly alternatives emerge."

Contemplating the problem while waiting on line at the gas station drives many inventors to think about alternative energy. In a climate where it's possible for Al Gore to win the Nobel Prize for educating us about global warming, it's the right time for new ideas… especially as oil soars to an all-time high of a hundred dollars a barrel
Not only is the number of Greenventions soaring, but there's an increasing chance that these patents will earn good money for their owners. Technology leaders in the fields of solar energy, wind power, renewable resources and related areas post success stories every day. These companies are well aware of the importance of intellectual property rights and patents.

So a world-record high for the price of oil accomplishes what reason and common sense alone could not do. We find ourselves on a search for technology and tactics that will allow us to avoid expensive oil and will also improve our quality of life by preserving the environment and resources of the planet.
Big Oil deserves its award for creating the circumstances that we seek to surmount, and for surely stimulating a flood of new inventions in the future, as difficulty has always been the spur for invention in the past.

Gerhard Muthenthaler
muthenthaler@erfinder.at
www.inventors-day.com