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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.

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Saturday, May 19, 2018

Even Republicans like renewables

As y'all know, the divide between left and right on the issue of climate change seems unbridgeable, and the chasm is widest in the USA.

Yet, amazingly, both Republicans and Democrats are strongly in favour of wind and solar, even though they just as strongly disagree about whether there's global warming and what causes it and whether offshore drilling and fracking are good.

Source: Earther
What's not to like?  When the wind blows and the sun shines, electricity is produced.  Seems miraculous doesn't it?  Yet it's a thing.  And these days wind and solar are cheaper by far than coal, nuclear and even gas.  To put it another way, even if you don't "believe" in global warming, it still makes sense to switch to renewables.

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