Solar Stimulus: How Renewables Will Save The Economy & Our Planet

Solar Stimulus: How Renewables Will Save The Economy & Our Planet

For those of us running a business, pursuing the golden dream, these are incredibly stressful times. It’s easy to feel numb. Need something positive to look forward to?

A Brighter Day — Literally

One thing is clear: COVID-19 is a wakeup call. The sea has spoken. And we’d better listen.

Image for post
Image for post
A drawing from a young survivor. As part of therapy, children were asked to draw what they remembered of the tsunami.

The Pied Pigovian Piper

The English economist Arthur Cecil Pigou theorized that the social costs of the negative externalities of any activity need to be internalized into the price of said activity — known as a Pigovian tax.

Solar Stimulus & a Sustainable Tomorrow

But to create a truly sustainable world, we need more than just clean energy awareness and well meaning social policies. We need real economic incentives that accrue dividends. At the end of the day, clean energy must be cheaper than fossil fuels — a reality companies like Palmetto are getting ever closer to achieving. Ultimately, investments in renewable energy should not just pay for themselves but yield substantial return, a solar stimulus if you will.

Cutting the Cord in a Cash-Strapped Economy

The economic fallout of COVID-19 is expected to rival the Great Depression, warns the International Monetary Fund. The crisis threatens decades of gains from globalization.

Sustainable Solar Innovations

At Palmetto, we like to innovate. We continually strive to improve and reduce the costs of solar so it becomes an affordable reality in everyone’s home. It’s not only the right thing to do for our environment — it’s also cheaper and makes sound economic sense.

A New Awakening

Each morning, humanity wakes up ever closer to achieving the renewable dream: For the first time in history, green energy is expected to surpass coal — a societal milestone that was unthinkable just a decade ago.

Chris is a Environmentalist, Capitalist, Minimalist and the Founder and CEO of Palmetto.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store