Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, May 2, 2012

Renewable Energy Push could Cost Fossil Fuel Industry $4 Trillion

Renewable Energy Push could Cost Fossil Fuel Industry $4 Trillion

If we have any intention to save the planet and allow it continue to be an environment that can support life in the future then it is pretty much the general consensus that we must develop and invest in clean, renewable energy. Yet the fossil fuel industry throws millions into campaigns against renewable energy, and promoting oil and coal as the energy sources that we should be supporting.The IEA 2012 report on global progress on cutting greenhouse gases to prevent the worst effects of climate change includes an analysis of the financial costs…Read more...

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