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Response to joshcryer (Reply #15)

Fri Feb 1, 2013, 08:13 PM

17. Why would people burn coal when it will cost less to use renewables?

It isn't complicated. Your objections have the same general construction as when climate deniers look at snowstorms as proof that AGW is a hoax.


Ikea to Double Renewable Energy Investment to $4 Billion by 2020
By Peter Levring, Bloomberg
January 23, 2013

COPENHAGEN -- Ikea Group, the world's biggest furniture retailer, will double its investment in renewable energy to $4 billion by 2020 as part of a drive to reduce costs as cash-strapped consumers become more price sensitive.

The additional spending on projects such as wind farms and solar parks will be needed to keep expenses down as the company maintains its pace of expansion, Chief Executive Officer and President Mikael Ohlsson said in an interview in Malmo, Sweden.

“I foresee we’ll continue to increase our investments in renewable energy,” said Ohlsson, who is due to step down this year after 3 1/2 years at the helm. “Looking at how quickly we’re expanding and our value chain, we will most likely have to double the investments once more after 2015.”

...
http://www.renewableenergyworld.com/rea/news/article/2013/01/ikea-to-double-renewable-energy-investment-to-4-billion-by-2015?cmpid=SolarNL-Thursday-January24-2013

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