The future of cleaner, cheaper electric
power has arrived. The 2018 Bloomberg New Energy Finance report states that
falling technology costs now favor utility-scale solar and wind. Buckminster Fuller calls this "emphemeralization," doing more with less — a generalized principle of science and business. Renewable energy will accelerate
around the world as solar and wind are cheaper than their fossil fuel
alternatives. These renewables provide the same reliability and security that utilities
require.
Some detractors will claim this to be
inadequate since wind and solar are both intermittent resources, available only
when the wind blows and sun shines. Technology solves this issue too.
The interconnected electric grid and batteries
are the answer. The electric grid enables electricity to be instantly shunted
from regions of high production to cities and industry. Utility scale batteries
can now store excess solar and wind production for later use as needed.
The challenge ahead: increase the global renewable
energy share from 25% to 80% by 2050. This is the goal of the UN IPCC in order
to maintain a sustainable climate for human civilization. It's a significant
change from our fossil fuel past and requires every nation, utility, financier
and consumer to literally buy in.
We all want to
save money and now the cleaner path is cheaper. Will
you pledge your support and help us again this year? Do this for
humanity — and your grandkids.
Happy Holidays, |