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. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Monday, December 14, 2015

Why China and India are embracing renewables


Beijing’s National Stadium, also known as the Bird’s Nest
Beijing, on a normal day (left)

Delhi is now the world’s dirtiest city, surpassing Beijing for air pollution limits
Delhi Pollution

Now that wind and solar produce cheaper electricity than new coal-fired power stations, you might as well switch.  It'll take longer for EVs (electric vehicles) to become the norm, but the way battery costs are plummeting makes it very likely than within 5 years, they will be switching here too.

Read more here and here.

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