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UBS: Solar will be the default technology, and will replace nukes and coal
UBS: Solar will be the default technology, and will replace nukes and coal
Global solar growth as projected by UBS. Solar has barely even begun its growth spurt…
A key factor in our belief that a nuclear-free, carbon-free energy system is not only inevitable but will be here sooner than nearly everyone currently believes, is not just the factual evidence of its mind-boggling, rocketing growth. Renewables are growing from a very small percentage of generating capacity–it would take many years of expansion at even their present staggering rate for them to play a major role in providing the world’s electricity. But that well-documented growth is the necessary starting point.
The more compelling rationale for our belief is, as we’ve reported in these pages numerous times, the world’s major investment banks have bought into the clean energy future–both rhetorically and with their resources–and have largely abandoned new investment in nuclear power and fossil fuels.
These are three of the top five viewed posts on GreenWorld since our inception:
*Goldman Sachs sees a solar future for the U.S.–and that has nuclear utilities running scared.
http://safeenergy.org/2014/03/18/goldman-sachs-sees-a-solar-future/
*Within 2 years, Deutsche Bank says rooftop solar will be the cheaper option for everyone
http://safeenergy.org/2014/10/28/rooftop-solar-will-be-cheaper-option/
*Citigroup: The revolution will not be televised
http://safeenergy.org/2014/08/14/citigroup-the-revolution-will-not-be-televised/
We’ve also written about Bloomberg and other investment firms and analysts, all of which have come to the clean energy conclusion.
Today it’s investment giant UBS’ turn....
Global solar growth as projected by UBS. Solar has barely even begun its growth spurt…
A key factor in our belief that a nuclear-free, carbon-free energy system is not only inevitable but will be here sooner than nearly everyone currently believes, is not just the factual evidence of its mind-boggling, rocketing growth. Renewables are growing from a very small percentage of generating capacity–it would take many years of expansion at even their present staggering rate for them to play a major role in providing the world’s electricity. But that well-documented growth is the necessary starting point.
The more compelling rationale for our belief is, as we’ve reported in these pages numerous times, the world’s major investment banks have bought into the clean energy future–both rhetorically and with their resources–and have largely abandoned new investment in nuclear power and fossil fuels.
These are three of the top five viewed posts on GreenWorld since our inception:
*Goldman Sachs sees a solar future for the U.S.–and that has nuclear utilities running scared.
http://safeenergy.org/2014/03/18/goldman-sachs-sees-a-solar-future/
*Within 2 years, Deutsche Bank says rooftop solar will be the cheaper option for everyone
http://safeenergy.org/2014/10/28/rooftop-solar-will-be-cheaper-option/
*Citigroup: The revolution will not be televised
http://safeenergy.org/2014/08/14/citigroup-the-revolution-will-not-be-televised/
We’ve also written about Bloomberg and other investment firms and analysts, all of which have come to the clean energy conclusion.
Today it’s investment giant UBS’ turn....
http://safeenergy.org/2015/06/12/ubs-solar-will-be-the-default/#more-13414
