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
More of Today's Solutions
Your allergies aren’t getting worse with age. The pollen season is.
BY THE OPTIMIST DAILY EDITORIAL TEAM If your spring allergies feel worse than they did five years ago, there is a reason for that, ...
Read MoreWhat governments and households are being asked to do in the oil crisis
BY THE OPTIMIST DAILY EDITORIAL TEAM The International Energy Agency has already done something it has never done before: ordered the largest release of ...
Read MoreCooking tip: How to remove toxins from rice but keep the nutrients
Rice is nice, but the problem with this widely-consumed food is that it’s very high in arsenic compared to most other foods. In fact, ...
Read MoreFormerly homeless guides offer unique experiences of iconic cities
In cities across the world, the streets tell stories—stories of triumph over adversity, resilience, and transformation. Invisible Cities, a breakthrough organization, transforms these stories ...
Read More
