I haven’t written about renewable energy in recent months for a very specific reason.
The market for sources such as solar, wind, and biofuel has collapsed.
There are two reasons. Both involve price.
First, while crude oil is beginning to move upward, and natural gas prices have increased by about 57% over the past three months, both had fallen to unusually low levels.
That means the primary ally of alternative sourcing – the acceleration in the price of hydrocarbons – has…
Keep on reading: The Problem with Renewable Energy is the Price