Dec 30, 2020
We haven’t seen widespread adoption of alternative energy because, for many decades, energy generated from fossil fuels was cheaper. As with any technology, as time progressed, superior technologies evolved. Also, as time progressed, demand for alternative energy increased, resulting in economies of scale.
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Quick Hits
Federal Reserve Database
https://fred.stlouisfed.org/series/LES1252881600Q#0
https://fred.stlouisfed.org/series/COMPRNFB#0
Jeff Bezos: Richest Person in the World
The Richest People Who Ever Lived
https://www.finance-monthly.com/2019/02/who-is-the-richest-person-that-ever-lived/
Average Person Spends 44 Years Looking at Devices
https://www.studyfinds.org/screen-zombies-average-person-spends-44-years-looking-at-devices/
Foolishness of the Week
Secret Witness
Topic of the Week
https://www.cmu.edu/epp/people/faculty/lynne-kiesling.html
https://ourworldindata.org/cheap-renewables-growth
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