Some good news on energy…

Well…as prices for wind and solar power continue to fall, their use continues to rise to be the second most used source of energy in the US. Last year, renewables including geothermal and biomass made up 22% of the energy used and it is predicted that these sources will grow by another 10% next year…and that is good news for the planet as coal use continues to fall…and for some reason, private equity is even getting involved in new ideas in fusion generation of electricity…and that has been a government investment to this point so why private investment now? In my lifetime, fusion has always been “10 years away” and never closer and I’m not sure why individuals would invest the billions necessary build a fusion plant that is no closer being viable that it was in the 90′s…haven’t read of any breakthroughs lately and if there were, people would be shouting it from the rooftops and all I hear is silence. So, let’s take this one with a huge grain of salt…after all, not one fusion plant has ever produced as much energy as has been put in to get the reaction going….but I would love to be proved wrong…

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