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Old 05-18-2019, 05:41 PM   #5863 (permalink)
sendler
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Location: Syracuse, NY USA
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World investment in wind and solar has stalled due to poor financial return on investment. I guess what is needed is to start phasing in a world carbon tax right when it comes out of the ground. Which creates the fund for mitigation/ relocation and support of basic living needs.
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"At the end of the day investors aren’t just going to put their money on a good story, their main objective is to make money from these investments. A look at the renewable energy sector fundamentals analysis shows that the total rating of all listed renewable energy companies fundamentals is just 3.9 out of 10, a rating that signals the renewable energy sector has very poor fundamentals."
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Growth in Renewables has Stalled. Investment is Falling. But Why? – Trade Unions for Energy Democracy
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