Renewable Energy: The Environment’s Only Hope

Everyone loves that renewable energy is great for the environment! So why doesn’t everyone use it already? Some people just don’t believe that renewable energy is a reliable long-term option. Will renewable energy be able to affordably lead us into a bright new future?

“Yes” was the consensus reached on a recent GreenBiz webcast according to reporters Sureya Melkonian and Barbara Grady. An article on GreenBiz notes they talked about long-term sustainability and how renewable energy can prepare us for a clean, green future.

“Renewable energy can reduce your energy costs—full-stop,” said Blaine Collison, managing director of Altenex, succinctly summarizing the thoughts of a great deal of the energy industry.

The sticking point here is economics. The benefits of renewable energy for the environment are widely known, but many people still question whether or not renewable energy is truly affordable.

On the side of renewable energy, another consensus was reached during the webcast: “The business case is straightforward: volatility in the price of fossil fuels represents nothing but massive, massive risk exposure for anyone who is responsible for an operational portfolio.”

It turns out that there are certain aspects of sustainability that run counter to continued fossil fuel use, especially when viewed through the eyes of an investor. The unpredictability of fossil fuel costs in the coming years means they may not be a good long-term investment—especially when you consider that it’s possible we’ll run out of fossil fuels altogether!

In comparison, renewable energy is quite predictable. Given the large amounts of data and experience we have with weather forecasting, we can accurately predict how much energy can be obtained through renewable energy sources. This kind of control makes renewable energy a safe and predictable investment: you know what you’re going to get!

Want to learn more about renewable energy and green energy products? Learn about the green products that we offer at our Green Energy page!