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Follow The Money: Energy Industry Civil War
Views: 729
Mar 05 2015 05:15 PM | eds in Non-Renewable
Renewable Energy gets cheaper,
. . . causing the fossil fuel giants, at war with each other,
. . . over their declining market share, and
. . . plunging market prices for their commodities.
OPEC Oil prices drop, causing
. . . more than 1/3 of shale oil rigs to withdrawn from market,
. . . analysts are calling the end of a business model.
Which leads the oil industry in general has deferred or cancelled an estimated
. . . $200 billion of spending in new projects.
Which leads leads global capital to switch to renewables,
. . . offering cheaper prices, guaranteed returns over the life of the assets, and
. . . a Cleaner Planet.
Rio Tinto Coal prices drop, causing
. . . watch your more expensive rivals suffer.
But China has declared war on Coal, and
. . . could stop imports within a few years.
At the Center of it all, is the . . . Prosumer!
03-05-2015 Source: Follow the Money: Energy Industry Civil War
. . . causing the fossil fuel giants, at war with each other,
. . . over their declining market share, and
. . . plunging market prices for their commodities.
OPEC Oil prices drop, causing
. . . more than 1/3 of shale oil rigs to withdrawn from market,
. . . analysts are calling the end of a business model.
Which leads the oil industry in general has deferred or cancelled an estimated
. . . $200 billion of spending in new projects.
Which leads leads global capital to switch to renewables,
. . . offering cheaper prices, guaranteed returns over the life of the assets, and
. . . a Cleaner Planet.
Rio Tinto Coal prices drop, causing
. . . watch your more expensive rivals suffer.
But China has declared war on Coal, and
. . . could stop imports within a few years.
At the Center of it all, is the . . . Prosumer!
03-05-2015 Source: Follow the Money: Energy Industry Civil War