Renewable Energy Needs Support to Grow
Street Smart
5/22/2011 2:49:25 PM
I agree that the private sector needs to take the lead on this as opposed to the government. The political timing just isn't right for any major government initiative right now, $4.50/gallon gasoline or not.
That point was driven home the other day when Obama announced that he was going to look at opening up "non-sensitive" areas of the Arctic Wildlife Refuge for new leases.
Re: Re : Renewable Energy Needs Support to Grow
ProfR
5/20/2011 3:16:44 PM
You might be right - that events are stacking up for higher oil pricing for some time. So maybe it will be different this time around. However, I would still like to see businesses put there investment money here rather than the government. Government funding is not sustainable and will not turn renewable energy into a long term business.
Re: Re : Renewable Energy Needs Support to Grow
Broadway
5/20/2011 2:55:05 PM
Renewable energy is already becoming a success story in certain local contexts. I just read an article morning--tried to re-find it now but couldn't, sorry!--talking about how renewable sources of energy in the pacific nw were producing more juice than the grid could stand.
Re: Re : Renewable Energy Needs Support to Grow
yalanand
5/20/2011 11:15:34 AM
@ProfR,
I agree with you point that if oil goes down, people tend to lose interest in other sources of energy. But I am not sure if the oil will go down much this time around. Events like Arab uprising, Japan rebuilding effort, increased oil demand from emerging nations will keep the oil prices higher.
What we are doing doesn't make sense
tokyogai
5/20/2011 10:59:58 AM
Whether you subscribe to climate change theories or not, it doesn't make sense to take trapped carbon from under the surface of the earth and release it into the atmosphere in the form of Carbon Dioxide and a whole bunch of other things that have been proven to cause health probelms. Something will change with the millions of tons going out daily.On top of that, if we think about the outflow of cash to less than friendly governments, it becomes obvious that we should do something. Natural gas may be one way to help in the short term, but the best long terms solutions we know today are renewables. Solar, wind and geothermal make far more sense than buring our food supplies in our cars ( Ethanol). It is about tie we got a policy ans started to do something about the situation. This support will pay off big time in the future.
Re: Re : Renewable Energy Needs Support to Grow
ProfR
5/20/2011 10:11:57 AM
I think you are right, the problems in Japan and the high price of oil give some uplift to renewable energy sources. However, what would happen if the price of oil goes back down? We have seen before that if the price of oil goes down, people tend to lose interest in other sources of energy. Will this happen again?
Re : Renewable Energy Needs Support to Grow
yalanand
5/20/2011 3:32:31 AM
Good to know that demand for renewable energy is increasing. Increasing crude oil prices, and also events that happened in Japan will give push to the deamand for renewable energy.
Data Centers going green
TelecomFreq
5/20/2011 1:21:17 AM
Over the past few years i have noticed more and more data centers and hosting services advertising their use of renewable energy. and there are some other industries making the move in that direction the Society of Cable Telecom Engineers (SCTE) have undertaken an effort to promote renewable and green technology in the cable industry. the SCTE SEMI (Smart Energy Managment Initiative) is a great example of an industry trying to move in a more green direction.
Renewable Energy Needs Support to Grow
ProfR
5/19/2011 4:59:57 PM
Renewable energy has government subsidies today. The problem with this is that it does not incent companies to look at this on a reasonable business basis and to invest in it accordingly. If renewable energy is a good idea, businesses would invest in it and this will become part of their normal business.
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