Fuel Is Not Energy. Investors Should Know the Difference.
“Fuel is not energy. Fuel is a valuable material. Energy is an abstract concept (the ability to do work) until it is combined with time. Then energy becomes valuable power. It is possible to generate power by burning fuel, but it’s becoming more affordable to generate power from sunlight, wind, water and other,” reports Fred Horch in Barrons.
“As the owner of a mechanical contracting firm, I’m seeing a growing number of companies get on the pathway to 100% clean energy, transitioning from thermal engines and furnaces that burn fuel to electric motors and heat pumps powered by renewable energy. This has implications for long-term investors, because many people.”