The rise of a renewables major
I predict – Mainstream will fall on hard times. The world is slowly running out of printed money they have thrown as subsidies at those companies. And renewables without subsidies flatline quicker than ice cream melts in a hot stir pan. But nothing tops a nice expectation bubble – there are always some fools that will buy into the latest buzzword. A renewables major – yeahh right. A tax dollar/Euro/Yen sucking artifice and soon a smoldering heap of corporate rubble. Should we do anything to speed it up – no. Just sit and wait. It’s hard to change that momentum. It’s slow but very reliable.
Mainstream Renewable Power CEO Andy Kinsella says the declining cost of wind and solar power means the era of oil and gas is coming to an end