Invisible Dust Recommends #11 – Renewable Energy: Ecological and Economical
Asia’s largest solar power station, the Gujarat Solar Park, in Gujarat, India — Image by © Ashley Cooper/Corbis
Fossil fuels have had a grip on the energy market for decades, energy companies specializing in oil, coal & natural gas have the obvious advantage of their products being the go-to energy supply since the industrial revolution. Fossil fuels and their prices can dictate global politics and their suppliers are some of the most powerful companies and corporations in the world.
However, this may change over the next decade or so. Technology such as solar panels have become incredibly cheap and accessible, so much so that developing countries have been able take huge steps forward in terms of generating their own clean energy. In November 2016 Al Jazeera covered the effect that solar panels and solar power are having in India:
What this means is that people are using renewable sources of energy because it is directly within their interest, they can see the results immediately. Quite rightly many have advocated for cleaner forms of energy on an environmental basis for years, however it seems the rise in renewable energy will be a result of favorable economics and accessibility rather than a push to be greener.
The obvious benefits of renewable energy to local communities and nationwide is reflected in major nations such as India, China, The U.S, The U.K and Japan investing billions of dollars into solar, wind and hydro-electric technologies.
Maybe China’s position as the worlds leading investor into renewable energy will force nations such as Japan and The U.S to step up their already sizable investments in order to rival them on the global market. If larger, traditionally fossil fuel rich nations , such as Saudi Arabia, continue this trend, nations will be competing over energy supplies that will help reduce their carbon footprint. Even if this impressive rise in cleaner energy is fueled by monetary and even political ambition, rather than an ecological stance, it can only be a good thing for the health of the planet.