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Panich52

(5,829 posts) Fri Mar 6, 2015, 02:19 PM Mar 2015

OIL CAN’T COMPETE WITH RENEWABLES, SAYS NATIONAL BANK OF ABU DHABI


OIL CAN’T COMPETE WITH RENEWABLES, SAYS NATIONAL BANK OF ABU DHABI

You wouldn’t expect a bank in the oil-rich Middle East to be touting the future of renewable energy over that of oil. But that’s just what the National...

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http://www.care2.com/go/z/e/Aluve/zP.q/cgXN8
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OIL CAN’T COMPETE WITH RENEWABLES, SAYS NATIONAL BANK OF ABU DHABI (Original Post) Panich52 Mar 2015 OP
Unless, of course, the Kochs and ALEC are running things. djean111 Mar 2015 #1
k&r nt bananas Mar 2015 #2
this story is misleading quadrature Mar 2015 #3
Here's the full report bananas Mar 2015 #4
 

quadrature

(2,049 posts)
3. this story is misleading
Reply to Panich52 (Original post)
Fri Mar 6, 2015, 07:44 PM
Mar 2015

this nutcase-country burns crude oil
to make electricity.

on a heating value basis,
crude oil costs ten times
as much as coal

it is not surprising that solarPV
is cost competitive with crude oil

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