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June 13, 2020 | Reducing energy consumption and cost is ‘stimulus’ needed

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

As taxpayers are pledged to pay for trillions in ‘stimulus’ spending, it is important to note that the transition to 100% renewable energy is not only possible and necessary for health on earth but also offers the added bonus of a 57% reduction in overall energy consumption and a 60% reduction in average energy costs globally, every year.

In a world short on cash and high on debt, energy savings are an obvious way to reduce expenses and free up resources for other essential expenditures and investment. We can’t afford to not do this.  The discussion below offers a good update.

Stanford Engineer, Mark Jacobson of The Solutions Project joins in a discussion of how Covid-19 has resulted in cleaner air in many cities around the world and what steps we could do to keep it clean once the lockdown ends. Here is a direct video link.

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June 13th, 2020

Posted In: Juggling Dynamite

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