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patb2009
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Platinum
Re: Natural Resources
patb2009   5/10/2013 8:41:46 PM
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if the payback were that long, 

the investment wouldn't be that large.

 

Cabe Atwell
User Rank
Blogger
Re: Natural Resources
Cabe Atwell   5/10/2013 5:35:37 PM
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To pay back the cost of solar or renewables, take around 10 years. This is a great effort. But the ROI is slow.

C

Ann R. Thryft
User Rank
Blogger
Re: Natural Resources
Ann R. Thryft   5/10/2013 1:00:28 PM
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Mydesign, many people would agree with you. However, those making profits in the oil & gas industry are fighting back and trying to overturn state-level Renewable Portfolio Standards, and in some cases, have succeeded:
http://www.huffingtonpost.com/heather-taylormiesle/the-bullies-are-bringing_b_2791970.html



Mydesign
User Rank
Platinum
Natural Resources
Mydesign   5/10/2013 6:19:04 AM
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1 saves
"This spring, the state's wind power is setting energy generation records and solar energy generation is expected to rise sharply during the second half of 2013. Arizona has also set records in energy generated from solar power. If past trends are any indication, this may be a hint of the future in other parts of the US."

Ann, that's good news and there is no doubt that natural resources are going to be the only source in future for power generation.



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