From From Clean Technica
European utility company shareholders lost 500 million Euros from their original equity in 2008. They blame the renewables for this development. And the biggest utility in Germany E-on is on top with 3/4 loss of its shareholder value. Those who are into nuclear power and fossil fuels could have saved themselves a lot of trouble by going into renewables.
I have seen a strategic plan of a bunker fuel power producer in an island province that prides itself as being environmental friendly. Cost of fossil fuel is going up and they can no longer be more efficient. Solar and wind are cheap and plentiful.
No comments:
Post a Comment