I just realised what the fundamental problem with renewable energy is: it is free and there is a limitless supply of it.

Our current economic model is based on profits from scarcity. If no one can make (big) renewable bucks from renewable energy, no business-as-usual will take it seriously. And if no business will take it seriously, it is unlikely governments will take it seriously.

Oh dear…

I suppose if you are a profit-driven investor, you would want to invest in nuclear power. Nuclear power has scarcity written all over it as uranium is a finite resource, just like petroleum. And when uranium starts running out just like petrol is now…

(From a recent conversation with Jeff Cahill)

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