Friday, December 18, 2015

What just happened in solar is a bigger deal than oil exports

What just happened in solar is a bigger deal than oil exports:

Interesting how the BIG move in solar/wind in the USA is so tied to subsidies. At least for the next 5 years. But, soon, especially with the volume of growth encouraged by the subsidies, there will no longer be a need for subsidies.

The really big loser all around is (dirty) coal. Once the health and environmental costs of coal are factored in, coal moves from our cheapest source of electrical energy to one of our worst. As well, wind and solar are improving in performance rapidly.

And then there are the environmental factors of coal that start to get uglier and uglier once you start to count pollution, the health and safety issues and the contribution to greenhouse gases. Other types of energy like oil and natgas are increasingly throwing coal under the bus, too.

So, renewable electrical energy could be really booming over the next 5 years with the continued subsidies. Those subsidies are being phased out; but it all looks like an excellent plan forward toward a more renewable USA.

'via Blog this'

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