RE:
#1) The renewables sector will be bankrupt and largely gone by 2018.
#2) The coal will still be there.
#3) Nobody will even want to mention Obama’s name by then. Media included.
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Yes, but the regulations will still be on the books... What if we have a Democrat as President?
Market forces dictate supply, demand, and technology. You can subsidize, regulate, legislate, all you want! In the end, it's about what makes sense. The problem is that we have a bunch of stupid people who make that timeline between being sold on something until it becomes reality, a very long timeline.
Look at the pipeline out of Canada for example. It will be built. Right now Buffet is getting filthy rich hauling the oil on his trains to refineries. Once the long term cost benefit analysis sinks in, that pipeline will go together in a snap. It doesn't matter who's at the political wheel. We just need a public smart enough to know what a cost to benefit analysis even is?
What if we have a Democrat as President?
Hitlery announced last week SOLAR PANELS GALORE!
bIOTCH