An industry that keeps doubling in size is a WINNER
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| Renewables’ share of power generation. Scale is shown in doublings. Source: BNEF (Bloomberg) |
Once again, obsolete thinking, the type that comes with the "R" for Republican brand on it, is directing the USA down the wrong path under the heavy-handed direction of Pres. Trump's "anti-renewables crusade".
Here's just one more example: the Trump people intend to eliminate funding for new job training and healthcare for out-of-work coal miners plus remove environmental protection laws which supposedly hinder the rich coal mine owners - all under the fact-free-myth that producing more unsalable coal will make America Great Again.
Here's the real story: THE WHOLE WORLD IS MOVING AWAY FROM COAL
Wind and Solar Are Crushing Fossil Fuels*
Wind and solar have grown seemingly unstoppable.
While two years of crashing prices for oil, natural gas, and coal triggered dramatic downsizing in those industries, renewables have been thriving. Clean energy investment broke new records in 2015 and is now seeing twice as much global funding as fossil fuels.
One reason is that renewable energy is becoming ever cheaper to produce. Recent solar and wind auctions in Mexico and Morocco ended with winning bids from companies that promised to produce electricity at the cheapest rate, from any source, anywhere in the world, said Michael Liebreich, chairman of the advisory board for Bloomberg New Energy Finance (BNEF).
"We're in a low-cost-of-oil environment for the foreseeable future," Liebreich said during his keynote address at the BNEF Summit in New York on Tuesday. "Did that stop renewable energy investment? Not at all."
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Tennessee Ernie Ford - 16 Tons - 1956
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