Despite Trump’s pulling the US out of the Paris Accord, there is a global effort to increase the use of renewables to reduce global warming. We have learned that new technologies can change everything. But what can realistically be expected from the “renewable push?”
We hear technology is advancing at an ever-increasing rate. We also know it is extremely difficult to predict which technologies and companies will blossom and/or fade. Comments by some leading technology gurus are examined.
Trump, thinking he was appealing to his core base, pulled the US out of the Paris Accord. He was mistaken. In the long run, the US (and his core base) will be hurt by this decision.
Trump now has an “all-Republican” Congress. It is time for them to start governing. It won’t be easy.
As Table 1 indicates prices of the world’s leading energy sources fell precipitously in 2015 and 2016. Recently, they have rebounded a bit but are still 50% less than what they averaged during the 2010-14 period.
Table 1. – …