There Are Profits Involved When the Child Surpasses the Parent
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There Are Profits Involved When the Child Surpasses the Parent

by | published May 4th, 2019

If you’re a parent, you can relate to the desire to give your children the best life you can.

You put them in the best schools…

You take them to the best doctors…

You give them (within reason) the best entertainment and stimulation…

All in an effort to allow your child to live a healthy, productive life.

But, for me at least, there’s another reason to give your children everything you are able to make them functional members of society.

And that is so that they can surpass anything that you may have accomplished.

If a parent only graduated high school, they may want their child to move on to surpass them, and graduate college. A generation later, go to graduate school or higher.

We’re in a constant struggle to improve our lot in life, and oftentimes that means giving our children every opportunity to improve their lot in life.

And this is the case in many different ways, and the energy world included…

From Coal Plants to Solar Panels

We’ve been utilizing coal as a source of energy for centuries now. It was one of the only readily-available resources we had for a very long time.

Even today, coal is equally as vital in our energy game as oil and gas, meeting 1/3 of global daily energy demand.

Places like China have exclusively relied on coal up until the past few years, when they’ve decided to move away from the polluting coal plants and use something a bit more sustainable.

Now, as coal was one of the first resources we’ve used in our energy needs, there obviously follows other resources that are becoming more prominent in recent years.

In particular, renewable energy.

And these days, we’re seeing one of the biggest shifts in energy in regard to the relationship between coal and solar.

Solar Energy Has Beat out Coal

On April 30, 2019, it was announced that renewable energy (such as solar and wind power) will generate more electricity in the U.S. than coal for the first time ever.

This is a huge development.

For a long time, it was never suspected that coal’s reign in the energy world would ever be surpassed or usurped.

In fact, several presidents, President Reagan in particular, never thought of renewable energy as sustainable, practical, or anything that would ever take over. Reagan went so far as to halt research and development budgets for renewable energy and committed to the development of fossil fuels like coal.

This was a setback, but not for long.

And the news only a few days ago is proof of that.

The Energy Information Administration’s (EIA) projection states that wind, solar, hydropower, biomass, and geothermal “are expected to top coal’s output in April by about 16%.”

It won’t stop there, either.

With the rate that it’s been growing, you can expect to see renewable energy continuing this streak through 2020 and further.

In other words, we have seen newer, sleeker, and better energy sources surpassing the traditional.

Dennis Wamstead, research analyst at the Institute for Energy Economics and Financial Analysis has stated that “Five years ago this never would have been close to happening. The transition that’s going on in the electric sector in the United States has been phenomenal.”

We’re at a current 39-year low in coal consumption and we’re likely to see more coal plants shutting down in favor of renewable energy facilities in the coming years.

And From My Desk Drawer to Your Wallet

As longtime readers will know, when an industry shoots up like this (particularly in energy), I tend to perk my ears up.

Because with an increase in attention and usage comes an increasing focus on the companies that helped it happen.

And the profits that come out of that.

I’ve been tracking many industries in energy, and the growth in renewables never fails to astonish me.

Neither have the potential profit opportunities.

I’ve done extensive research into the opportunities inherent in a growing industry, and I’d like to share them with you.

Because not only do I know where the profits are likely to be located, but I know how you can get them straight into your wallet.

You won’t want to miss the next increase in industries like renewable energy, defense and geopolitics, and of course, oil and natural gas.

If you’d like to learn more, just click here to get started.

Sincerely,


Kent

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