Renewable Power

[MikeWeber]

Considering the high dependence of industries on energy, the energy derived from fossil fuels is depleting.

 

[vanshnookenraggen]

The total energy consumption in the world is calculated to be around 500 exajoules currently.

Yeah, actually it's 1.21 Gigawatts, genious.

Although the demand for energy has been met historically by fossil fuels, there is a shift towards renewable sources of energy in the recent times.

No, historically they were met with renewable energy and only within the last 200 years have they shifted to fossil fuels. Get you shit straight.

Renewable energy investments are becoming the trend in the next Wall St bubble.

Fixed.

It is believed that the sun provides energy to the planet's oceans and landmasses, which is more energy than the world consumes in an entire year.

People believe in ghosts and Santa too, doesn't make it so.

Wind is another source of power. Wind power available in the atmosphere is much greater than current world energy consumption. Besides sun and wind, ocean also forms the world's largest untapped, renewable energy resource.

Question: How much power could you have saved by not getting on your computer and spamming us? Think Big Picture, guy.

 

[GW2500]

Are renewable resource (or green) companies considered to be the next Wall st Bubble?

 

[vanshnookenraggen]

Carbon credits are.

 

[Lurker]

NUKES!
NUKES!
NUKES!

The carbon credit market has already proven to be a failure in Europe. Cap & trade doesn't work, is massively expensive, and leads to corruption or fraud on a grand scale. Besides, man made climate change is a massive crock of shit in the first place. However, that isn't to say we shouldn't be putting lots of things into the environment when we don't have to. It's just plain messy and inefficient.

Green tech is never going to catch all our immediate energy needs without assistance. It needs many years worth of R&D to get the costs down and efficiencies up before prime time. Nuclear power is an ideal, all that toxic waste can now be reprocessed just ask France, solution until other non waste producing green technologies can be implemented.

 

[GW2500]

Is there a company that does this nuclear waste turn around?