A great article here on how solar energy could be on cusp of radically changing the world.
Solar energy advances will have a huge impact on geopolitics if we experience global energy deflation. We are seeing it now in 100% electric vehicles, and utilities building solar farms. Don’t forget that solar energy has its own version of Moore’s law, where the cost is cut in half every few years.
How would the world look if clean energy was plentiful and cheaper than oil? Who would be the big winners and losers? As an investor, I don’t think its too late to invest in solar stocks (you just have to be sure and pick one of the companies that survive) – but there will be other winners out there. Energy storage companies and industrial big energy consumers (Aluminum companies come to mind).
In addition to cheap global labor and labor reducing technology advances, now we could have cheap energy. How can deflation not be on the horizon. Read this article, and give some thought to how the world could look 10 years from now.