• For renewable energy For renewable energy Hawai‘i uses oil for a larger component of its electrical energy portfolio than any other state in the nation. Thus the high oil prices have a greater impact on Hawai‘i’s residents, businesses, and
• For renewable energy
For renewable energy
Hawai‘i uses oil for a larger component of its electrical energy portfolio than any other state in the nation. Thus the high oil prices have a greater impact on Hawai‘i’s residents, businesses, and export goods than any other state in the nation.
Oil is current trading at $67/barrel. However, HECO’s latest oil price forecast states that the price for oil will not reach $50/barrel at any point before 2016.
If the true cost of oil was used in utility planning, then it would be obvious to all, that renewables would make Hawai‘i energy self-sufficient and secure at a cheaper cost that the current fossil fuel paradigm.
- Henry Curtis
Executive Director
Life of the Land
Honolulu
Government assistance
Three cheers for Michael Meek’s “Government Assistance” article. Right on the mark and now it is time to get Emerson, that’s Ralph Waldo Emerson, back into the classroom rather than Marx and Lenin.