$257 billion invested in renewable energy in 2011

There are 2 comments on the The State story from Jun 11, 2012, titled $257 billion invested in renewable energy in 2011. In it, The State reports that:

Global investment in renewable energy reached a record of $257 billion last year, with solar attracting more than half the total spending, according to a U.N. report released Monday.

Join the discussion below, or Read more at The State.

Andrew West - Solutioneur

Austin, TX

#1 Jun 11, 2012
This article (like most solar-cheerleading) is misleading. With subsidies approaching 50% for solar projects of course it generated a lot of business, but it's not sustainable. Solar generated electricity is at least 3 times as expensive as existing production.

Plus, despite a record $1 trillion invested in wind and solar schemes during the last 5 years, new demand has exceed their production by 3:1. This means no CO2 reductions and just more (unreliable) and over-priced electricity. Solar is not a solution and it has been deployed before it is economically viable. EIA confirms that solar generated electricity is currently .2% of our electricity production. It has been an incredible waste of resources.

Solar should continue to receive money for research and development - if and when it is competitive, deployment might make sense.

To renew America we must find real solutions. My work is here:

http://www.Solutioneur.com
Edmond Dantes

Hamburg, Germany

#2 Dec 15, 2013
Andrew West - Solutioneur wrote:
This article (like most solar-cheerleading) is misleading. With subsidies approaching 50% for solar projects of course it generated a lot of business, but it's not sustainable. Solar generated electricity is at least 3 times as expensive as existing production.
Plus, despite a record $1 trillion invested in wind and solar schemes during the last 5 years, new demand has exceed their production by 3:1. This means no CO2 reductions and just more (unreliable) and over-priced electricity. Solar is not a solution and it has been deployed before it is economically viable. EIA confirms that solar generated electricity is currently .2% of our electricity production. It has been an incredible waste of resources.
Solar should continue to receive money for research and development - if and when it is competitive, deployment might make sense.
To renew America we must find real solutions. My work is here:
http://www.Solutioneur.com
Ahhh, Mr. West,

We do believe that a more accurate reflection of your work may be found here:

https://sites.google.com/site/andywestpublicr...

I must say it is a very impressive body of work.

Best,
Number 34

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Solar Energy Discussions

Title Updated Last By Comments
News Tesla CEO Elon Musk Unveils Home Battery; Is $3... May 2 Solarman 1
News Sunrun And Tesla Collaborate To Offer Consumers... May 2 Solarman 1
News Salt water turned into drinking water using sol... May 2 Solarman 1
News Construction finishes on two floating mega-sola... Apr 28 KitemanSA 2
News Water Shortage Problem Solved With Solar Power?... Apr 25 Solarman 1
News XsunX to Install Solar Project for Wireless Ser... Apr 23 Heinz 7
News Soon everyone will be an electric company (Jul '14) Apr 20 Frank Sinasstra 12
More from around the web