Friday, July 10, 2015

Renewable energy is great; still cost prohibitive on large scales

One big remaining issue with green technology is that is still very expensive. The chances of green energy overtaking the use of fossil fuels as a primary source of energy throughout the world is not currently not great. It's still simply too expensive and cost prohibitive. Bill Gates has recently announced that he will invest $2 billion in new green technology in the next five years with the intent to "bend the curve" on climate change. He understands that the current renewable energy options come at a "beyond astronomical cost". Bill Gates tends to get things done, so hopefully his investments can help lead to the kinds of "energy miracles" he's called for in the past

While we are still a ways off on using forms renewable energy on a grand scale, everyone can still do what they can to cut down their use of energy that burns fossil fuels in the mean time.

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