Simply put, wind and solar energy is a fool’s dream and one that must be backed up by traditional energy sources at all times in the event the wind isn’t blowing or during the nighttime or if clouds obscure the sun, causing solar energy to cease producing electricity. Only an idiot would want to be dependent on wind or solar to provide a reliable source of electricity.
The Renewable Energy Industrial Index (RENIXX) tracks the stock value of wind and solar companies. In May—though you did not read about it in the mainstream media—it announced that thirty of the largest renewable energy companies were trading at “an all- time low” and the index “had lost over 90% of its value since 2008.”
So, naturally, the Sierra Club was eager to tell me about Global Wind Day and that my home state of New Jersey had the “potential to replace all the dirty coal and gas plants in the state.” The distance between “potential” and reality is roughly the distance between New Jersey and the planet Neptune.
The Sierra Club (along with a rogue’s gallery of environmental organizations) wages war on all forms of energy production and use. They urged me to join others “at a beach near you for a kite-flying rally and celebration of New Jersey’s offshore wind potential.” Not only does it oppose the use of America’s vast reserves of coal, but it also has a “Beyond Natural Gas” program as well; another huge source of power for the nation.
Seems like the market has priced 'alternative energy' about its true value as a source of power for powering a nation, a dime on a dollar though may well be too high, as more companies seem about to go belly up.
As for Global Wind day, you didn't hear anything about that outside the ecoloon community since that did about as well as the rennex. More people every day are realizing that the scare storys are just that, scare storys, and that the earth abides.