The powers that be seem intent to impose a non-oil, non-coal future upon mankind. For the last decade or so, the push has been to install wind turbines, basically a 19th century technology.
There has been a push to install solar. Solar panels still are inefficient and become less efficient rather quickly over time.
The production of wind turbines and solar panels generates quite a bit of pollution and causes environmental destruction. Battery storage of electricity generated at the whims of a cloudy atmosphere and when the wind blows also poses significant costs upon environments.
Nearly 100 years of hydroelectricity is proven technology. River dams that capture hydrokinetic energy through turbines is quite efficient and pollution free. Eco nuts seem to hate such structures owing to spawning fish.
One of the greatest sources of untapped energy are the oceans. With added political pressures, this could be the decade where hydrokinetic energy from the oceans takes off.
You can be sure that states and countries, which can generate the most electricity at the lowest costs owing to renewable sources such as the ocean and rivers, geothermal and perhaps solar, will become the Saudi Arabias of electricity generation in the coming years.
The editorial focus of the True Dollar Journal is now pivoting back to speculation and investment geared around the forthcoming greatest changes in the fast-coming future.
Among those changes will be in energy and transportation as it becomes clearer that our future will be a fully electrified one.
Here are a couple of video quick takes worth your time:
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