Market Forces Driving the Adoption of Renewables

Here’s another installment of my colleague Jon LeSage’s Green Auto Digest, which I happily republish–even when his viewpoints diverge from my own.

Here, Jon makes the point that market forces are driving the energy industry increasingly in the direction of renewable energy.  Let’s see.  Where have I heard that?  Oh right. I read it.  Some dude wrote a semi-popular book called  Bullish on Renewable Energy.

The feature article highlights last week’s “announcement of the $155 million that oil giant BP will be placing in Clean Energy Fuel Corp.’s Redeem renewable natural gas (RNG), and suggests that this is a microcosm of very large trends looming in the not-too-distant future.”  You are correct, sir.