The good news: renewable energy investments are projected to double over the next eight years and reach $395 billion per year, according to Bloomberg New Energy Finance. That’s up from $195 billion in 2010.
Stephen Lacey
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The good news: renewable energy investments are projected to double over the next eight years and reach $395 billion per year, according to Bloomberg New Energy Finance. That’s up from $195 billion in 2010.
Stephen Lacey
Guy Turner, director of commodity market research at Bloomberg New Energy Finance, said: “These results indicate that last year’s record renewable energy investment was no one-off despite the recent economic gloom. Big winners over the next 20 years will be the emerging renewable energy hubs in Latin America, Asia, the Middle East and Africa.”
The good news: renewable energy investments are projected to double over the next eight years and reach $395 billion per year
Not if the Republicans or their Oil Barron masters have something to do with it.
The article is talking about investment not government subsidy or loan guarantees (like Solyndra). So, if the private sector believes in the potential, it will invest in the companies regardless of what the Democrats, the Republicans, or "oil barron masters" do.
Who invests in renewable energy? The private owned utility companies. Renewable and alternative energies will take people off the grid and reduce utility profit. Then their is the coal industry as well as Natural Gas to compete for profits. All of which the Republicans cater to.
Who does? Many of these companies are publicly traded, so you could. Here is a list that includes their symbols and the exchange that lists each one. You don't need to be a millionaire to become an investor in renewable energy. Many of them have stock prices of $10 or less, so you could by a block of 100 shares for less than $1,000.
But, don't let that get in the way of your anti-Republican rant...
This whole debate has nothing to do with protecting the environment, or reducing our dependency on foreign oil. It's only purpose is to dominate the market share in the technology of it. C-span3 is airing the Solyndra hearing right now. I urge everyone to tune in and hear it for themselves. Chu has used the term "Market Industry", numerous times in defense of making the loan, and nothing to the effect of environmental benefits, in deciding to go through with the loan. This whole Green Energy, Global Warming, fairytale is about creating the next bubble, and like all other bubbles will eventually burst too.
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