Renewable energy legend Bill Paul has recently agreed to write financial reports and newsletters for us at 2GreenEnergy. We’re delighted to have come across such good fortune, as there really is no one more qualified for the task. Bill retired from the Wall Street Journal after a 20-year stint as a staff writer covering the energy sector, and gave a great interview of the book’s chapter on business and finance.
According to Bill:
Energy is at the crux of all things financial. There is not a single business that does not have energy as a significant cost factor, there is not a single country that does not have energy as a significant national security factor, and there is not a single household that does not have energy as an important budgetary factor. With energy, you are operating on all levels in terms of finance, as well as national security, as well as health consequences. You have privacy issues, property rights issues, basically any personal choice issue on lifestyle and you have a perfect storm of political, economic, and social interests — all competing for “the right” approach.