Doug Vining The New Math of Alternative Energy

Does going green finally make economic sense?
Rebecca Smith, The Wall Street Journal, 23 February 2007:

The numbers are starting to look promising.

For years, the big criticism of alternative energy was cost: It was too expensive compared with energy based on traditional fuels like coal and natural gas.

Even though the fuel was often free -- such as wind or the sun's rays -- alternative-energy producers had to plow lots of money into finding the best way to capture that energy and convert it into electricity. Fossil-fuel producers, on the other hand, could draw on billions of dollars in infrastructure investments and decades of know-how.

Now the equation is showing significant signs of change. Costs are falling for some alternative-energy sources, driven by new technology and renewed development interest.

Alternative energy still can't compete with fossil fuels on price. But the margins are narrowing, particularly since oil and gas prices have been rising. The math looks even more favorable if you consider the environmental cost of fossil fuels -- which most purely economic calculations don't.
Posted: 5 March 2007 at 10:04

Wolfgang Grulke Tiffany sets voluntary standards

'Clean' resources, from gold to precious gemstones, are a key part of Tiffany's strategy going forward.

Read this report in the FT dated 29 May 2008.
http://us.ft.com/ftgateway/superpage.ft?news_id=fto052720082302161921
Posted: 29 May 2008 at 15:56

Anton Musgrave 100 Million cars per year? Really? Yes...in China...by 2020!

What could the catalyst for the shift from conventional engines to renewable energy driven engines be? This could...China's goal of 100 m new cars per year, all sporting the latest renewable energy power trains. Who get's it...the Chinese do...and the Indian manufacturers are perhaps not far behind
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Posted: 18 February 2011 at 18:07

Doug Vining Ireland becomes world's first country to divest from fossil fuels

"The Republic of Ireland will become the world’s first country to sell off its investments in fossil fuel companies, after a bill was passed with all-party support in the lower house of parliament.

The state’s €8bn national investment fund will be required to sell all investments in coal, oil, gas and peat “as soon as is practicable”, which is expected to mean within five years. Norway’s huge $1tn sovereign wealth fund has only partially divested from fossil fuels, targeting some coal companies, and is still considering its oil and gas holdings.

The fossil fuel divestment movement has grown rapidly and trillions of dollars of investment funds have been divested, including large pension funds and insurers, cities such as New York, churches and universities."
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Posted: 26 July 2018 at 11:34

Doug Vining Ireland becomes world's first country to divest from fossil fuels

Meanwhile, in countries with bigger energy needs and infrastructure challenges: India can't get enough coal for its power stations, and is buying huge quantities from South Africa, pushing up prices and giving coal mines there a boost.
https://www.business-standard.com/article/economy-policy/no-coal-for-plants-no-e-vehicle-subsidy-for-delhi-satyendra-jain-118072300926_1.html
Posted: 26 July 2018 at 15:09
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