The fact is, governments have long provided massive subsidies for the fossil fuel and nuclear industries–and despite the fact that these industries are amongst the most profitable in the world, and continue to raise prices while inflicting tremendous damage to the environment, these subsidies continue unabated. (more…)
There are some highly respected thinkers who completely and vocally reject the idea of electric vehicles. I spoke recently with John Petersen of SeekingAlpha.com fame, whose recent article: “It’s Time To Kill The Electric Car, Drive A Stake Through Its Heart And Burn The Corpse” has stirred a great (more…)
Solar power is growing like hardly anything else, in the U.S. and around the world. Solar costs are dropping like crazy and that trend is expected to continue (as it has for decades). But solar stocks are struggling.
To start off, I’ll let you know that am anything but a stock market expert. I don’t play the stock market and (more…)
The European Commission has adopted Transport 2050, a plan to increase mobility and decrease oil dependence which also reduces carbon emissions from the transportation sector by 60%. Eliminating conventionally fueled cars from city centers is a key tenet to the plan. U.K. Transport Minister Norman Baker said that such a decision rests in the authority of the (more…)
I think we’re all a bit curious about the ultimate disposition of the energy industry – both here in the US and around the globe. In the States, 49% of our electricity comes from coal, and the penetration of renewables is under 2%. Worldwide, about 80% of energy for all purposes comes from burning hydrocarbons. So if that’s where we are, where are we going? (more…)