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President-Elect Trump: Why Did It Happen? What Does It Mean For Markets?
#9
I am a huge fan of expanding investment in things like alternative energy, but the above link deserves some context.

US Primary Energy Consumption by Source and Sector 2015:

[Image: consumption-by-source-and-sector-2015.jpg]

So, 79.4% from fossi fuels vs 9.7% from renewables, about half of which comes from hydroelectric.

Even looking purely at electricity, we're still talking about over 60% from fossil fuels.

[Image: SNL-Energys-latest-coal-forecast-April-2...entage.jpg]

So let's cheer on the growth of solar, by all means, but try to keep it in perspective as well.  We're a long way from being 100% renewables, and without effective grid-scale storage, we won't get there at all.
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RE: President-Elect Trump: Why Did It Happen? What Does It Mean For Markets? - by SomeGuy - 01-31-2017, 10:28 PM

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