Does cheap oil spell doom and setback for renewables. This answer says NO. Why? Because even at cheap prices, now, renewables will eventually be almost free. As Bloomberg's Michael Liebreich recently said, "The story should not be how falling oil prices will impact the shift to clean energy, it should be how the shift to clean energy is impacting the oil price." Ultimately, the next economy can only thrive on power that is nearly free, inexhaustible, that does not contribute to systemic risks such as climate change and a toxic atmosphere, and that can be sourced nearly anywhere with a relative minimum of effort. Only solar PV, and to a slightly lesser extent wind, can reach this extraordinary level of economic efficiency. The writing is indeed on the wall, and the days of high market correlation between tech power and fossil power will soon be behind us.
Cheap Oil and the Next Economy
“Next economics posits that for the global economy and earth's tolerances/carrying capacities to run in a mutually tolerable equilibrium, we must continue to make rapid advances in economic efficiencies in all sectors.”
Emulating life's genius requires a humility that reverses--instead of learning about nature the design mind wants to learn from nature. It's a bit like sitting at the feet of a master. For example: Life Creates Conditions Conducive to life- Life wholistically cleans nourishes and sustains the environment while preserving its own species and the systems around it for thousands of generations in the future. - See more at: http://www.thinkinghumanity.com/2014/12/12-sustainable-design-ideas-from-nature.html#sthash.YudtRhJA.dpuf
12 Sustainable Design Ideas From Nature
““In this inspiring talk about recent developments in biomimicry, Janine Benyus provides heartening examples of ways in which nature is already influencing the products and systems we build.”-TEDx”