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Alternative Energy Is Dead

Jeff Siegel

Written By Jeff Siegel

Posted August 21, 2023

It’s official…

Alternative energy is dead.

I know this may be surprising coming from me.

After all, since 2005, I’ve been showing investors how to make a fortune in everything from solar and wind to geothermal and electric cars. 

So why would a “cleaner energy” bull declare that alternative energy is dead?

Simple — because what we used to call “alternative energy" is no longer alternative.

It’s mainstream.

And you needn’t look any further than 2022, when, for the first time ever, electricity generated from renewable energy surpassed that of coal. 

In 2022, renewable energy clocked in at 23% while coal clocked in at 19%. And from 20232024, coal will continue to lose market share as renewable energy keeps gaining market share, with coal delivering 17% and renewable energy delivering 26%, per EIA data.

What’s particularly interesting about the 2023–2024 time frame, however, is that we see a slight decrease in natural gas, moving from 38% to 37%. It's still a larger share than renewable energy, but from a long-term investment perspective, it’s generally sound to monitor these types of trends — and the trends are favoring renewable energy.

alternativeenergyisdead

While natural gas is expected to only slip a few percentage points to 34% by 2050, renewable energy is expected to climb to 44%. This means by 2050, renewable energy will be the largest source of electricity generation in the U.S.

By then, coal will barely register as an accounting error and nuclear could fall to 12%.

While I’m not saying you still can’t make a ton of cash in natural gas and even coal and nuclear to some extent, to ignore renewable energy or even refer to it as “alternative” would be an exercise in foolishness.

Even from a global perspective, renewable energy dominates.

According to energy giant BP, the share of fossil fuels as a primary global energy source could fall to as low as 20% by 2050, with the share of renewable energy increasing to as much as 65%.

And this isn’t from some left-wing, environmental think tank. 

This is BP, the fourth-largest investor-owned oil company in the world, boasting a market cap of $105.12 billion.

So again, when folks refer to solar, wind, and geothermal as “alternative energy,” I just have to laugh.

That’s like saying Twitter (now X) is an “alternative social networking company” or Cargill is an “alternative agriculture company.”

Solar, wind, geothermal, energy storage — this stuff isn't “alternative.” It’s part of the global energy economy, and it’s getting bigger and bigger every single day. 

In fact, did you know that solar investments are now exceeding $1 billion a day?

It’s no wonder guys like Elon Musk and Jeff Bezos are investing heavily in the solar space…

Particularly in solar power royalties, which pay monthly dividends on solar projects all over the world.

One of my favorite solar power royalty deals is this one, which could turn a monthly $500 investment into more than $318,000.

Double up to $1,000, and you’re looking at an eventual estimated payout of $637,568.

That’s more than half a million dollars — all from one of the fastest-growing energy sources on the planet. 

And here’s the best part…

You don’t have to have Elon Musk or Jeff Bezos levels of money to get some of this action for yourself.

In fact, in this presentation, I provide all the information you need to start earning your own solar power royalties today.

Make no mistake: Renewable energy is NOT an alternative. It’s the future, and it’s going to make you a boatload of cash if you play your cards right.

To a new way of life and a new generation of wealth…

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Jeff Siegel

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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.

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