Monday, October 31, 2011

Greece Bets on Solar Power As a Debt Solution

This is just the type of outside the box thinking that I can really appreciate. Greece has racked up a substantial amount of debt in the European Union (EU) and in my mind there is really no way of repaying via traditional "cutting off the nose to spite the face" methods (i.e. raising revenues through taxes on folks without jobs or with stagnant wages or cutting spending through "austerity" measures like reducing or eliminating pensions). Greece is both sunny and beautiful. There are only so many tourists (and revenue) that can come through each year to see the beauty of Greek history and its people. So the smart people of Greece think they can capitalize on something that they have an abundance of - the sun by capturing it and exporting it to other EU countries. Cool huh?


solar panel installers said...

Nice move Greece. That might work in getting your economy above water.

Anonymous said...

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Austinibus said...

I hope that being environmentally friendly like this does help them raise revenue. If people could think they can make money it will be real motivation to be environmentally conscious. I personally think that things like gas and coal energy are such a big business is that people think they are a bigger money maker than being environmentally conscious. Same with gas burning cars too.

Penny Stock Blog said...

I would like to suggest an ETF that invests in solar stocks. It trades around 3.00 a share. Its down by almost 90% over the last few years. Symbol {TAN}

Wishful Thinking

*Before adding PV, wind, or solar thermal to your residential or commercial structure, the first step is to analyze this structure's energy consumption through a professional energy audit. I'd like to see some public education on the importance of an energy audit for any structure. Remember Smokey the Bear's forest fire shtick drilled into our heads over the last few decades? How about something like, "Henry the House" desperately wanting to know how much energy he consumes and wastes throughout the day?

*With over 300 sunny days a year on the Front Range is it too much to ask for solar PV and thermal modules on every residential and commercial unit (after an energy audit of course)?

*How about affordable plug-in electric cars that go more than 100 miles on a charge with PV and wind powered recharging stations?

*Dreaming of companies large and small adopting business sustainability practices to maximize profits, reduce their carbon footprint, and enhance the lives of their employees and the communities that surround them.


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