Alternative Profits Blog
In Germany, It's A Tussle Between Renewable Energy and Fossil Fuels
Here's a fascinating article on how the growth of renewable energy lies not in its own merits, but on what legacy the large companies that are investing in RE come with. The core of the argument in this article is that, in Germany, the large companies that are supposed to be investing in renewable energy aren't in any hurry to do so because these are the same companies that already have fossil-fuel based power generation business. By going fast on renewables - which pay less than the fossil fuel business - they will be shooting themselves in the foot!On the other hand, these same companies are aggressively pursuing renewable energy strategies in markets such as the UK where they have no fossil business!
Interesting
posted by Ecacofonix at
8:36 AM
Tuesday, October 13, 2009
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