The use of solar energy has not been opened up because the oil industry does not own the sun.
Sentiment: NEGATIVE
Solar power is the last energy resource that isn't owned yet - nobody taxes the sun yet.
It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.
There is no free market for oil.
There is no free market in oil.
Solar power is clean, renewable and cost effective, but it also needs time to develop.
Interestingly, the oil companies know very well that in less than 30 years they will not only be charging very high prices, but that they will be uncompetitive with renewables.
Suning from a management concept and technology point of view isn't simply an appliance company.
The source of all the energy is the sun. The big challenge is, how do you use all of that energy? Solar power has to fascinate you. There have been strides to get the costs down, and if this will work, you have to get costs down so it is competitive with fossil fuels.
The sun has not yet set for all time.
Solar will outcompete other technologies.
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