Thursday, January 20, 2011

Doing Nothing

You Can Pay Me Now, Or...

An interesting 5-minute video from the Florida Solar Energy Center. While some of the specifics pertain to Florida, the broad comparison applies everywhere. Investment today in renewable generation makes long-term economic sense in the same way that it pays to pony up now to put our kids through college. The cost of acting, while more up-front today perhaps, is a winner long-term over the cost of doing nothing.

Here in Washington we would perhaps not compare ourselves so directly to solar, but instead include bioenergy, wind and perhaps distributed hydropower or tidal/wave generation. The core points about grid parity, the importance of energy retrofits and other efficiency measures, and the value of energy independence are still compelling.

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