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Climate Change Economics: New Report Says Nixing Fossil Fuels Won't Be Expensive.

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lostlakehiker9/17/2014 8:16:27 pm PDT

There’s some interesting percolation going on in business circles. Solar predicted to be huge by 2025This comes from Thomson-Reuters.

Excerpt from the article.

Thanks to improvements in photovoltaic technology, chemical bonding, photocatalysts and three-dimensional nanoscale heterojunctions, the use of the sun as the world’s primary source of energy is no longer for the environmentally-conscious select; it is for the masses.

The sun’s energy will be harvested much more efficiently. Its energy will be stored and used when needed. And the conversion of solar power will be much more efficient. Solar thermal and solar photovoltaic energy (from new dye-sensitized and thin-film materials) will heat buildings, water, and provide energy for devices in the home and office, as well as in retail buildings and manufacturing facilities.

The world isn’t going to ignore solar. It’s going to plunge, big time and massive, and build out a new energy infrastructure, and fairly soon. And American business wants a piece of that.

Every disruptive technology gets some pushback. But in the end, the iron horse wins over wagon trains.