Home › Seven Reasons Cheap Oil Can't Stop Renewables Now
 

Keywords :   


Seven Reasons Cheap Oil Can't Stop Renewables Now

2015-02-13 03:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Oil prices have fallen by more than half since July. Just five years ago, such a plunge in fossil fuels would have put the renewable-energy industry on bankruptcy watch. Today: Meh. Here are seven reasons why humanitys transition to cleaner energy wont be sidetracked by cheap oil. 1. The Sun Doesn't Compete With Oil Oil is for cars; renewables are for electricity. The two dont really compete. Oil is just too expensive to power the grid, even with prices well below $50 a barrel. Instead, solar...

Tags: now stop reasons cheap

Category:Electronics and Electrical

Latest from this category

All news
»
03.07Nebraska celebrates new feedlot research, teaching, extension center
03.07Hurricane Beryl Public Advisory Number 20A
03.07Summary for Hurricane Beryl (AT2/AL022024)
03.07Eastern North Pacific Tropical Weather Outlook
03.07Atlantic Tropical Weather Outlook
03.07Genesus to restructure with Canada ZF Investments
03.07Global trade, domestic policy: What's at stake for pork industry
03.07Over 20,000 Tesco staff to split 30m from share schemes
More »