2 Dec
2011
2 Dec
'11
11:40 a.m.
WOW!!!!
Global investment in new electric generation facilities from renewables exceeded fossil fuels for the first time in 2010: $187 billion for wind, sun, waves and biomass versus $157 billion for natural gas, oil and coal. (Bloomberg New Energy Finance).
Investment in renewables in developing nations will exceed that in developed countries (Europe, US and China) by 2020.
Electricity from solar power will be cheaper than natural gas by 2015, and cheaper than coal by 2020 (MIT).
Does this mean that the coal industry in WV will collapse within 10 years?
JBK
Vickie Wolfe ibtreehugger@gmail.com 12/1/2011 9:18 PM >>>
In case you haven't seen this: http://thinkprogress.org/romm/2011/11/26/376250/clean-energy-renewable-power...
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Vickie L. Wolfe
PHONE: (304) 744-8777
E-MAIL: IBTreehugger@gmail.com
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"It is horrifying that we have to fight our own government to save our
environment." -Ansel Adams
Read *Hot, Flat and Crowded* by Tom Friedman.