mistermaumau

Solar Breaks Oil Price Dependence

Without reference to any particular comment, I feel American investors need to remind themselves that solar's future is for now quite independant of US policy despite that being a major issue for investors to base their decisions. Many countries have taken decisions to preempt future problems with a total disregard to US decisions, oil price, oil supply and other factors that could be said to impede on solar's growth, why? Because ultimately oil will run out and ultimately other sources will have to take over and all that is installed now will be present and working. What the naysaysers never give credit for is that these initiatives in renewables are in fact prolonging the life of oil and allowing them to continue their hard to break habits that much longer.
To change people's habits subsidies are sometimes needed otherwise no-one would ever want to implement technology that is just too much of a change for individuals to carry out alone. Some criticise these subsidies but they don't remember any of the other areas where they exist also, agriculture, aero, defense, automotive and dozens of others or criticise companies offering "subsidies" or even free stuff to attract a large enough client base to become profitable, Not enough is being done to affect energy consumption, there are hundreds of ways to fairly and progressively get people to stop overconsuming resources but. We can allow time for education or await disasters but usually a good idea is to start rewarding those who start of their own initiative then introduce measures inciting people to reduce consumption and later tax the hard-core who refuse to follow on the right path for future generations. Die hard oil freaks just don't get it but big oil does, they've long decided to discretely invest in and research solar and other tech., just in case, they just don't want you and me to switch trains too fast.