Certainly I think it is safe to presume that the costs will continue on the trend they were. That said, people forget that the cost of fossil fuel dropped a great deal in the last 13 years. Remember $140 a barrel oil? What crushed that long term was a new technology, fracking. While one can make the claim about the safety of it, the fact remains it disrupted the economics.

The reality is, for the foreseeable future, we need both renewable and fossil fuel expansion since the world's energy needs are growing. This will taper off at some point as fossil fuel is replaced.

But during this explosive phase of technological growth, we need all the energy we can get our hands on.

Posted Using LeoFinance ^Beta