Thursday, June 26, 2008
Can Renewable Energy Change Everything?
There is a growing interest in the economics of renewable energy as well as the environmental benefits. New investment products for the renewable sector are being launched and coverage of the solar and wind companies in the stock market is increasing. The world operates on electricity and according to an article in the Economist, global electricity use could double by 2050. With rising prices of fossil fuels, heightened environmental awareness and growing demand for energy renewable energy is at the point where they can become viable economically. This article also discusses the potential economic boom and the impacts. A very interesting read.