Thursday, March 19, 2009
Shell dumps hydro, wind, and solar
Shell will no longer invest in renewable technologies such as wind, solar and hydro power because they are not economic, the Anglo-Dutch oil company said today. It plans to invest more in biofuels..... pretty interesting stuff. Despite Al Gore's propaganda I predict we will see more of this. Alternative energy is just not cost effective, and when it comes down to it Americans are not going to double their electrical bills to run on solar or some other fantasy.
Posted by AaronX at 12:36 PM