Wind Energy Could Be An Easy Socially Responsible Investment Yet It Isn’t. Why?
There are offshore foreign companies, but no US companies that are purely wind energy. GE and FPL for example both have nuclear, gas or coal fired plants. I suspect corporate political lobbiests are to blame.
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Tags : Could, Easy, Energy, Investment, Isn't., Responsible, Socially, Wind
Wind energy is actually growing at a double digit rate, albeit from a very small percentage of the energy total. Like solar and geothermal it’s about as green as energy can get, so it is very responsible in that sense. It will take strong government committment to spur it’s use because it’s still rarely competitive with fossil-based energy. The Wall Street Journal had an article last week about the difficulty of the boldest experiment yet – a Danish island that has tried with limited success to get off shore wind energy as the primary source (it was going OK until the government withdrew subsidies).
November 8, 2009 10:04 am | #1http://www.greenlightenergy.com/
November 8, 2009 10:11 am | #2Not reliable. Sometimes you’ve got loads of wind, sometimes it’s windstill. And energy is not easy to store.
November 8, 2009 10:49 am | #3