Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. I do make mistakes, but I try hard to do my analysis thoroughly, and to make sure my data are correct. Remember: the unexpected sometimes happens. The expected does too, but all too often it takes longer than you thought it would.
The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.
BTW, clicking on most charts will produce the original-sized, i.e., bigger version.
Monday, June 30, 2014
Californian electricity from solar more than doubles
So in January 2013 (mid winter in the northern hemisphere) it was 1000 mW. By January 2014 it peaked at 2500 mW (notice virtually no fall in production in the northern hemisphere winter) By May, it wasnearly 3 times as much as May 2013.
All the same, as the article where I found this striking graphic shows, for the US as a whole, CO2 emissions increased. Which is because, even though California is the world's 7th largest economy all by itself, the US as a whole is much larger, but it had a much lower penetration rate than Cal. But that state has lead the rest of the US for decades. What has happened there will happen across the sunbelt, and eventually, as solar costs drop, everywhere.