Quote:Capital costs are the most significant obstacles to widespread use of solar. Why are capital costs so high? Because oil, natural gas, and electricity are much cheaper alternatives. If the costs of other energies were higher, research and development of solar would flourish. The thing is, oil, coal, plutonium, and natural gas are finite resources which will be depleted at some point. Alternatively solar is infinite.


Companies that have shareholders to answer to don't want to invest in the necessary research to develop solar technologies that will bring the costs down as efficiencies increase because it is a long term process versus short term shareholder tolerance for returns.


Regards..................the Chiefjag