Quote:
Originally Posted by sendler
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.
.
"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."
.
Growth in Renewables has Stalled. Investment is Falling. But Why? – Trade Unions for Energy Democracy
. |
Successful carbon capture, sequestration,and atmospheric CO2 removal would be the most painless solution,but if added to 'hidden' costs,I don't know how they could look economically attractive at all.
And I don't know by what metrics,the ratings are established.If its someone like Moody's Investment Services,they could be pulling numbers out of their backside.
Last night on CBS,they reported on a new report on climate; saying that we're now looking at 9F increase by 2100.That will be 18F at the poles.If so,it's game over.