Battering down solar cells on the roofs of Wal-Marts in California. I think that will be some of the highest-return investments that anyone ever makes.
Sentiment: POSITIVE
As someone who runs a solar financing company and founded the world's largest youth clean energy organization, I know solar energy is a very good investment.
We need to invest dramatically in green energy, making solar panels so cheap that everybody wants them. Nobody wanted to buy a computer in 1950, but once they got cheap, everyone bought them.
There's 20 companies that I have investments in - some batteries, some solar-thermal, one big nuclear thing. We need hundreds and hundreds of companies like that, so that in a 20-year time frame we really are starting to change the energy infrastructure.
If we are serious about moving toward energy independence in a cost-effective way, we should invest in solar energy. If we are serious about cutting air and water pollution and reducing greenhouse gas emissions, we should invest in solar energy.
The Department of Defense, the largest single energy consumer in America, is bullish on solar.
Sun Cellular is the biggest investment in my business career.
I have long felt that an investment by the Department of Energy of a million dollars a year for the next 30 years would pay a higher return than any other investment this country could ever make.
Producing fuel cells and solar panels requires high tech facilities and produces high paying jobs. The industry is booming in Arizona. The state already has about 100 firms in the solar industry and has grown 20% since 2003.
One SF prediction that I would like very much to see: Get solar collectors launched to beam energy back home, and get away from fossil fuels.
Every day we are paying more for energy than we should due to poor insulation, inefficient lights, appliances, and heating and cooling equipment - money we could save by investing in energy efficiency.
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