Think Renewable Energy if You’re Looking to the Future
How’s your portfolio shaping up? Have you been following recent trends in the energy sector? You don’t have to be an environmentalist to see the financial benefits of investing in renewable energy. According to Lazard’s Levelized Cost of Energy Analysis, wind and solar are cheaper than nuclear energy, coal, diesel and natural gas. Lazard shows the difference per kWh and based on the report, the future of fossil fuels is costly and unpredictable. Fossil fuels require elaborate processes and machinery. Comparatively, energy derived from renewables is extracted from sources free in nature. From an economic standpoint, investing in renewable energy is the smart choice or at least, a more profitable one.
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