Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
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.
Reply


Messages In This Thread
RE: President-Elect Trump: Why Did It Happen? What Does It Mean For Markets? - by SomeGuy - 01-31-2017, 10:28 PM

Possibly Related Threads...
Thread Author Replies Views Last Post
  What will happen to all the McMansions in the 1T? AspieMillennial 23 18,551 05-30-2019, 08:09 AM
Last Post: beechnut79

Forum Jump:


Users browsing this thread: 1 Guest(s)