Reply With QuoteSolar is an excellent investment, but also after trump destroyed the oil industry, investing in oil is a tough sell.
Racism is a disease
Current Climate: Solar Power Investments To Eclipse Oil In 2023
Current Climate: Solar Power Investments To Eclipse Oil In 2023
https://apple.news/AHWzTZGVjRYuIO6xmiMdvPw
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week.
The International Energy Agency released its annual World Energy Investment report this week. The intergovernmental agency has found that investments in energy have increased across nearly all categories and are expected to hit $2.8 trillion. As has been the case since 2015, investments in clean energy sources are greater than those of fossil fuels, with over $1.7 trillion in clean energy investments this year. Those energy investments include electric vehicles, nuclear power plants, heat pumps and other related products.
The agency notes that the gap between the amount invested in clean energy keeps increasing versus fossil fuels, a trend that’s been ongoing since 2019. Of particular note are investments in solar power, which are expected this year to exceed investments in oil production for the first time since the agency started tracking investment. That’s despite the fact that fossil fuel investment is expected to grow 15%.
“Clean energy is moving fast – faster than many people realize. This is clear in the investment trends, where clean technologies are pulling away from fossil fuels,” IEA Executive Director Fatih Birol said in a statement. “For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy. Five years ago, this ratio was one-to-one.”
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
Back To Reality
Solar is an excellent investment, but also after trump destroyed the oil industry, investing in oil is a tough sell.
Daniel Patrick Moynihan said it best, "You are entitled to your opinion. But you are not entitled to your own facts."
Paul Begala, "Politics is show business for ugly people."
Stephen Colbert, "Reality has a well known liberal bias."
trump is a child rapist. We all know it.
Racism is a disease
Imagine if just 20% of all American homes had solar panels installed on their homes. Think about the savings. The thing about solar panels is it converts the solar energy into electricity almost instantaneously with very little maintenance and installation costs. And as battery technology improves every year, the ability to save the solar energy for nighttime use is becoming more practical.Originally Posted by Walt
Gas is old technology.
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
Walt (06-01-2023)
Back To Reality
Next Republicans will tell us we all have to ride horses
Daniel Patrick Moynihan said it best, "You are entitled to your opinion. But you are not entitled to your own facts."
Paul Begala, "Politics is show business for ugly people."
Stephen Colbert, "Reality has a well known liberal bias."
trump is a child rapist. We all know it.
Racism is a disease
Can you imagine how far behind we'd be in renewable energy deployment if the Republiclowns were in charge over the last 30 years?
It's scary to think of.
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
Walt (06-01-2023)
Verified User
Many homes with solar power sell their excess back to the power companies.
Joe Capitalist (06-02-2023)
Senior Member
I would love for everything to go green energy so when climate change keeps happening I can point and laugh at the idiots
Thread Killer
So? The amount they produce is miniscule.
Thread Killer
Can you imagine how much cheaper electricity would be if we hadn't adopted renewables?
Thread Killer
What savings?
ButterMilk Man
JPP Contributor
Whether it is a good idea or not we are not supposed to dispute....going forwards we are to do as we are told.
I choose my own words like the Americans of olden times........before this dystopia arrived.
DARK AGES SUCK!
Verified User
I can't wait how Democrats justify the food shortage it will cause
Racism is a disease
We're already laughing at you.
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
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