Simply put, the majority, but not by many, are morons. Can We Afford Renewable Energy? by Tyler Durden Sat, 01/06/2018 – 18:30 0 SHARES Authored by Erico Matias Tavares via Sinclair & Co., Over a decade ago we got involved in the development of the biofuels industry in Europe, when it began to take off in earnest there. At that time estimated profits from biodiesel production created considerable enthusiasm, which at one point turned euphoric with new production facilities being announced almost on a weekly basis. What was not to like? Europeans would get to drive their cars using green, very low-carbon, seemingly affordable fuels, saving the environment in the process. And investors would make a ton of money. However, reality turned out to be rather more complicated than that, much to the chagrin of those investors. Production margins were quite volatile and very...