The solar sector is among the most hated on Wall Street. Many names in the solar sector that are heavily shorted, in spite of it being the fastest growing energy sector in the U.S. Meanwhile, the world is using oil faster than it’s being pumped, which is economically dangerous, because oil price spikes have preceded all recessions since 1970. More renewables could serve to lessen our ridiculous economic vulnerability to oil prices.
A new study reveals that nuclear energy and other traditional energy supplies like fossil fuels cost are and will continue to rise and not likely ever go back down. Meanwhile, renewable energy has achieved a “downward cost curve” over the last decade, and they are likely to continue to fall in price.