The Alternative Energy Fallacy
July 18, 2011 | By Mike Gonet | Filed under: Green News, Solar Energy, Wind Energy, Wind Power
Alternative energy investments often make sense for an individual homeowner; however, well-known investor advisory service “The Motley Fool” explains that the idea that widespread deployments of wind turbines, solar panels, and electric vehicles will slash hydrocarbon consumption and give us a greener planet is flawed. These technologies are heavy users of industrial metals. Any significant diversion of the production of those metals from current uses would result in their prices increasing faster than fossil fuels prices.
http://www.fool.com/investing/general/2011/06/25/the-alternative-energy-fallacy.aspx
