The best friend of earth of man is the tree.
When we use the tree respectfully and economically,
we have one of the greatest resources on the earth.
– Frank Lloyd Wright
Some say we’ve arrived at the critical junction where fossil fuels – the old gunslinger, and alternative energy, the sleek new upstart, meet for a winner take all shootout. But in fact, if we are honest, it’s not really like that – both are needed at this time to satisfy global demand. But the trend can’t be ignored and the related investment opportunities are becoming more clear.
What makes it more competitive is the dramatic reduction in the cost of alternative solutions, as well as the promise of new tax incentives. Research from Our World Data shows that the cost of renewables has drastically fallen from 2010 by over 80% with offshore wind coming on as one of the strongest difference makers. According to the International Renewable Energy Agency (IRENA) renewables are now undercutting fossil fuels as the world’s cheapest source of energy.
This issue of the Socially Inspired Investor Digest and Podcast examines the progress made in the new economics of sustainable energy. We think you’ll enjoy hearing from our PODCAST guest Peter Fusaro a well-regarded expert in the field. We also thank our SPOTLIGHT contributors who share their views on the topic….
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