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Fixing climate change is profitable

Batteries are just one of many reasons, including electric vehicles, smart grid, solar and wind power (including pass HB 57 and you can profit by getting financing for your own solar panels), plus massive savings on health care and electricity bills; batteries are one of many reasons that fixing climate change will save us all money, clean up our air and water, expand our forests, preserve property rights, and make some people rich:

In fact, a recent report suggests that revenue from the distributed energy storage market — meaning battery packs and other storage devices located directly at homes and businesses (many of which now generate electricity through solar) — could exceed $16.5 billion by 2024. Another report predicts $68 billion in revenue in the same time frame from the grid-scale storage market. This includes large-scale battery packs, hydro-storage systems that use cheap abundant electricity to pump water uphill to drive turbines later on, or even solar thermal systems that store energy as heat in molten salt.

And it’s all happening fast, so fast your jaw will drop if you’re not paying attention. So let’s stop talking about the costs of fixing climate change. It’s not just no-cost and free, not just in the future but right now; we’re all actually going to be better off through fixing climate change: healthier and more prosperous.

Sami Grover wrote Continue reading