Solar and Wind Energy vs Fossil Fuels -- Pedro Guizardi

On the article Grantham: Wind, Solar to Replace Fossil Fuels Within Decades, written by Giles Parkinsor, the author claims that wind and solar energy will replace fossil fuels completely in a no longer future basing on Jeremy Grantham, an expressive fund investor, words. Grantham presents a hopeful vision of the future of energy in the world. As written in Grantham quarterly newsletter, scarcity of energy do not seems to be a problem for the next decades. Complementing, Granthan says that there are no expectation for an improvement on the cost of nuclear energy what increase the attention on renewable sources of energy such as wind and solar. The big deal for Granthan is that even though the replacement is clear, nobody knows when it will be accomplished. In keeping with Granthan, in a coming up future, cars run by oil fuel will be replaced by cars run by fuel cell diffusely resultant from electricity. Conforming to Tony Seba, a Stanford researcher, these changes will be applied in the world in a few decades.  Coming back to the Granthan point of view, the author state Granthan’s predations of a possible accomplishment fester than everyone thought and its effect on the fossil fuel industries. Highlighting the points that coal and tar sands investments have a big potential to become cast away, Granthan intensifies the possible fest development of solar and wind energy. State on the article, Granthan uses China as the mean example of needs of renewable source of energy. The increase of smog on the country has intensified the necessities of clean energy. China answered these requirements with an increase of 60% in the incentives for the use of solar panel until the end of 2015. Granthan put on the debate the $650 billions spent on searching of new fossil fuel sources once that the urge for a new fuel demand is coming.