Future of energy, page-53

Distinguishing holder and civic agendas is a matter I have been urging all on HC to think through, Schneed.

Yes, we want renewables. Yet holders need to be alert to their financial interests and prompt IFN to invest cleverly and strategically through this maze of an energy revolution. The conservation-minded, few of whom invest directly, clamour for renewables without considering the risks involved or where the capital is coming from.

So when you read Ash being rude about the economics of solar, this isn't some anti-renewables agenda, this is a holder profoundly aware RR & team have to dodge the arrows coming from unceasing technical innovation, a hostile conservative federal government, a bureaucracy trying to steer investment, regulators managing a complex evolving market, entrenched interests operating the grid and fossil fuel generators running their business for immediate cash returns.

IFN holders cannot afford the moral luxury of investing for the common good when surround by these jackals, crocodiles, hyenas and wolves. We have to be very very careful.

Ash