Oil prices have hit rock bottom, and will continue to stay inexpensive for the foreseeable future. While many are crying foul that the fall in oil prices is the start of a doomsday clock for renewables, rest assured it isn’t. Though oil prices are tumbling, electricity prices are climbing, so rooftop solar is still a good idea. Energy storage is one of the largest hurdles renewable tech needs to overcome, but the future is bright. Analysts say that energy storage will become a $400 billion market by 2030. Finally, oil might be cheap in terms of dollars and cents, but is extremely costly in terms of the impact it has on our planet. Don’t give up on renewables, they’re the path to a clean, green future.
Falling oil prices won’t hurt solar
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