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.
This post looks at the message promoted by the gas industry that natural gas is the necessary complement to renewables such as solar and wind, because the latter are variable and thus need a backup power source that can quickly be brought on line. There are other and perhaps even better ways of addressing variability that also need looking at.
Are mandated renewable energy standards the most efficient way to promote renewable energy. In this post, David argues that legislating goals for renewable energy is picking winners and losers, because many of these renewable energy standards laws mandate specific percentages for say wind or solar. He questions why so many people, in light of the recent nuclear disaster in Japan, have rejected nuclear power and he makes the claim that renewable sources of energy cannot provide baseload electric energy supplies. These are arguments that advocates of wind and solar need to address head on.
The nuclear crisis in Japan is a wake up call demonstrating that nuclear power is not the silver bullet against climate change that governments and advocates have claimed. Much more effort, resources and political will has to be directed toward alternative sources of energy: energy saving, renewable, and changing of life styles.
To shift the global economy from fossil fuels to renewable energy will require the construction of wind, solar, nuclear, and other installations on a vast scale, significantly altering the face of the planet. Can these new forms of energy approach the scale needed to meet the world’s energy demands?
This is my fourth annual list of renewable energy and energy efficiency stocks since I began the series in January 2008, which I expect to outperform in 2011.
The loss of the Democratically controlled Congress, does not spell doom for cleantech. Republicans and Democrats can find common ground in areas like energy efficiency, renewable energy standards, R&D, government procurement, and a gas tax. Additionally, global macro-economic trends will continue to have an impact on our energy policy. by David Gold, Lead Partner for […]
The federal government is making sustainability a priority. Under the Energy Independence and Security Act, all federal managers are required to cut their fossil fuel use and are directed to acquire recycled content, energy efficient, renewable, bio-based and environmentally preferable products and services towards achieving certain goals. The are a number of “Buy Bio”, “Buy Green First,” programs, as well as Go Green Initiatives giving preference to products and services that meet green purchasing criteria.
Can we really ever move beyond petroleum? Traditional fossil fuels like coal and petroleum are so ingrained in our culture and way of life that eradicating them as fuel sources soon is unlikely. We need to think about what we produce and the costs that go beyond the balance sheet: the costs to the environment, to the people that live where our raw materials originate, the cost of the life of a pelican, gull or fish. It is our personal responsibility to consume less and conserve more.