“We simply must balance our demand for energy with our rapidly shrinking resources. By acting now we can control our future instead of letting the future control us.”
President Carter was ahead of his time.
As I’ve mentioned in a previous Oil & Energy Investor column, Jimmy Carter was the first president to take renewable energy seriously, going so far as to putting 32 solar panels on the White House lawn in 1979.
Things with this industry have gone up and down since then, but one thing is for sure: the need for renewable energy is building.
And it’s not going to slow down.
In fact, renewable markets like solar and wind power are the fastest-growing in all of energy.
That’s not to say that oil is dead in the water, because it’s not.
But sooner rather than later we will be relying more on renewable energy and less on fossil fuels.
This is a conclusion that many are making – and beginning to implement.
We’ve been seeing more and more policy-makers honing in on renewable energy, and proposing new studies, new bills, and new reforms.
A Solar Revolution
At the recent United Nations Climate Conference, the president of Energy Watch Group Hans-Josef Fell was quoted as saying, “100% renewables is not a stupid idea, in fact it’s getting more and more mainstream around the world.”
His words are correct.
As longtime Oil & Energy Investor readers are well aware, I’m very much in favor of moving more toward a reliance on the infinite resources we have available to us.
Hans-Josef Fell was referring to a study conducted that proved the feasibility of a European transition to 100% renewable energy sources, and that the transition will be competitive with today’s traditional fossil fuel and nuclear energy system.
In other words, it would cost the same, if not less, than how we utilize energy today.
I’d call that a giant step forward.
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And this isn’t just being proven in Europe, either.
The U.S. has been jumping on the bandwagon as well.
Major corporations such as Apple, Microsoft, Target, and Amazon have long been using solar energy for their facilities, and many other companies are already at or nearly at 100% renewable.
And politically as well, renewable energy has been brought to the table in increasing numbers.
This comes in the form of the Green New Deal, a bill with the intention to move the U.S. toward 100% renewable energy and reduce greenhouse gas emissions.
Now, this bill is subject to much controversy, doubts, and arguments, with many saying it’s not feasible.
However, all that is irrelevant.
Because the implications are real.
Utilizing renewable sources like solar and wind energy is fast invading the minds of policy-makers.
Growing scrutiny means that the renewable industry is doing its hardest to live up to the challenge.
And rising to the challenge they are…
Pushing The Boundaries Of Profit Opportunities
Forbes has put one reason for the rise of renewable energy quite nicely:
“While not every nation has oil, gas, or even coal under its soil, everyone has at least some renewable resources, whether that is wind, solar, geothermal, or biomass.”
Not to mention this shift will bring energy independence to these places.
There is one entity that is truly pushing the boundaries of what the solar energy could become in the very near future.
It’s already one of the biggest and best producers of solar panels in the world.
And it’s been growing steadily as this shift begins to take over.
Since 2019 began, this company has grown an impressive 54.8%, and it’s not slowing down.
That’s because it has been one of the primary reasons for solar energy’s massive potential reduction in cost by 99%.
As a huge part of the growing solar energy industry, there’s no telling how far it’ll go.
Which means the sky’s the limit for the profits you can make.
If you’d like to learn more – and learn how to profit from this huge shift in energy focus – just click here.
The post A “New Deal” For Renewable Energy Makes Room for This Profit Opportunity appeared first on Oil & Energy Investor.
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