Renewable Energy- india's built-in advantage

[psyah]

Re: Renewable Energy- india’s built-in advantage

@Ghost14

This. The US is mired in bureaucracy, while China gets things done. They are investing heavily in R&D, and are preparing for the future, while America is still trying to monopolize oil. You are right psyah, in that oil will not just disappear overnight, especially in developing countries, but if you offer a competitively priced alternative energy source to the developed world, I’m certain that adoption would be widespread.

The constrains are political first and then economic … CFT is common and it is increasing - taxation has made it more desirable - and in time further taxation will make it more feasible.