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
Changemakers of the week: Third Act and HeartMath
BY THE OPTIMIST DAILY EDITORIAL TEAM Every day on the Optimist Daily, we report on solutions from around the world. Though we love solutions ...
Read MoreTry these yoga poses for deeper sleep
Yoga is a practice meant to boost mindfulness and physical wellness, so it’s no surprise that it can also improve sleep. If you’re one ...
Read MoreBamboo bridge seeks to help reptiles cross over busy road
In the mountainous state of Uttarakhand in India, a bridge was built across a busy road that cuts through the forest. Not for humans ...
Read MoreThis state-of-the-art hologram hits you right in the feels
Scientists at the University of Glasgow are making our futuristic science fantasies a reality. They have created a system that allows users to actually ...
Read More
