Will Gazprom have the fate of Kodak?
If you have not seen this TED talk from Al Gore about the Climate Crisis then I would recommend it. Surprisingly optimistic! https://www.ted.com/talks/al_gore_s_new_thinking_on_the_climate_crisis Al Gore makes the point that we can be optimistic because renewable energy solutions are on the verge of becoming cheaper than fossil energy solutions. Is the situation in the energy sector similar to the situation with film and digital photography in the beginning of the 21st century? I would be optimistic and say Yes. Here are some arguments I would like to add to this discussion: - When comparing fossil and solar-wind energy then besides the cost of the energy production it is also important to note the costs of grid. As most of us can read from their energy bill the grid costs stand for more than 2/3 of the whole cost - with the current low energy prices. Grid companies are usually huge monopolies, powerlines are expensive and therefore the costs of the grid will not go down. However, w...