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Why Solar and Wind Thrive Despite Cheap Oil and Gas
2016-01-22 13:00:00| Climate Ark Climate Change & Global Warming Newsfeed
National Geographic: The prolonged plunge in fossil fuel prices is rippling across the globe. Yet it's barely put a dent in the booming market for clean energy, heralding perhaps a new era for wind and solar. Oil prices of less than $30 a barrel-the lowest in 12 years-have shaken stock markets and ravaged the budgets of major producers such as Russia and Saudi Arabia. Along with falling gas prices, they've slashed the profits of fossil fuel companies, which are delaying dozens of big projects worth an estimated $380...
Tags: gas
cheap
oil
wind
Category:Electronics and Electrical