Twenty-Two Percent of the Worldโs Power Now Comes from Renewable Sources.
Much of that is hydro still, but that is changing rapidly.
I remember about a decade ago when many prominent and likely well-intentioned (not industry shills) scientists and other experts asserted that it was not possible to get world renewables past 10 percent of energy production. There were even a few well-reviewed books at the time proclaiming that โfact.โ
Itโs almost always correct to trust experts, but sometimes they can be spectacularly wrong. I am really interested in how to tell (and if it is possible to tell) when this inconsonance is likely to occur.
Not only is is useful for its own sake, but can lead to making loads of money.
Someone once observed that when an expert says something is possible, they are most likely right. But when they say something is impossible, they are most likely wrong.
Good quote. A variant of one of Clarkeโs Three Laws.
And Voltaire observed that, โIt is dangerous to be right in matters on which the established authorities are wrong.โ
I donโt think Voltaire did much day trading, though.