By then we would have given oil companies up to $3.2 trillion at the current rate. The hidden costs altogether?
$32 trillion. Oil is not only ruining the environment, but our economy also. Scientific American A Solar Grand Plan http://www.sciam.com/article.cfm?id=a-solar-grand-plan Here’s what’s happening in California with solar thermal power plants. http://blogs.business2.com/greenwombat/ Abengoa Solar’s 280 MW parabolic trough project with 6-hour molten salt storage for the investor-owned utility Arizona Public Service will be designed to supply the late afternoon and evening electric load of the Arizona summer. Ausra has just signed a power purchase agreement with Northern California’s PG&E to build the world’s first CLFR plant at 177 MW in California’s Central Valley. Solel is to construct a 553 MW complex of parabolic trough power plants in the Mojave Desert to fulfill a 25-year power purchase agreement with PG&E. BrightSource Energy plans a 400 MW power tower plant in California. In Spain, 800 MW are online, currently under construction or planned. “Solar energy only works in the daytime,
