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Investing in Renewable Energy: Making Money on Green Chip Stocks by Jeff Siegel, Chris Nelder

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Chapter 1. THE GLOBAL ENERGY MELTDOWN

The world is now facing its most serious challenge ever. The name of that challenge is peak energy.

If decisive and immediate action is not taken, peak energy could prove to be a crisis more devastating than world wars, more intractable than plagues, and more disruptive than crop failure. We're talking about a crisis of epic proportions that will change everything. And rest assured it will not discriminate. Conservative or liberal, black or white, rich or poor, this will be a crisis of equal-opportunity devastation. That may sound hyperbolic to you now, but by the end of this chapter, you will understand why we say it.

Everything we do depends on some form of energy. Our entire way of life, and all of our economic projections, are built on the assumption that there will always be more energy when we want it. But global energy depletion has already begun, although few have realized it.

You're one of the lucky ones, because after reading this book, you will understand both the challenge of peak energy and some of the solutions early in the game—allowing you the opportunity to be well-positioned to not only profit from the renewable energy revolution that is already under way, but to thrive.

By the time you've completed this chapter, you will have a full understanding of what peak energy is, how it affects the future of the entire global economy, and why it is imperative that this challenge of peak energy is met head-on with renewable energy solutions. ...

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