Jump to content

Create a Free Account or Sign In to connect and share in green living and alternative energy forum discussions.

Follow The Money: Energy Industry Civil War

Views: 729
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 more than 1/3 of shale oil rigs to withdrawn from market,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


blog comments powered by Disqus