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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: craig crawford who wrote (271)6/16/2001 1:29:59 AM
From: craig crawford  Read Replies (1) of 1643
 
Answer To Our Energy Woes Is Blowing In The Wind

By Peter Asmus
PACIFIC NEWS SERVICE
Article Dated 6/15/2001
tbwt.com

Even more impressive statistics come from Europe. Denmark now gets 17 percent of its total electricity from wind power -- in contrast, the U.S. gets less than one percent from the wind. Germany, which has modest winds and had virtually no wind power development five years ago, now produces more wind-generated electricity than any country in the world.

Whereas natural gas is a finite fossil fuel, the world's wind resource is still largely untapped. The winds blowing on just six percent of the windiest land sites in the U.S. (excluding Hawaii and Alaska) could supply one-and-a-half times the entire U.S.'s electricity needs.

The United States once had bragging rights to generating 90 percent of the world's wind power. That figure has dropped to less than 20 percent
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