Monday, September 15, 2014
Renewable energy revolution
See this NY Times article. It's already happening, though you wouldn't know it through most media outlets. And you know it's working when the big energy companies are lobbying to thwart the RE industry, and they are BIG time. E.g.: "They have started attacking rules that encourage solar panels." Germany is out course leading the way, with their agenda drawing Chinese manufacturers into the market. Which in turn is driving down costs much faster than anticipated. E.g., solar: "The prices of the panels have plunged 70 percent in the past five years." See the story for many more details. The following chart is from the International Energy Agency, showing by country the % of power generated by fossil fuels and RE.