- Published: 04 June 2013 04 June 2013
The Kilowatt-Hour as a New Monetary Unit?
Despite impressive gains in the amount of wind power production during the last four years and the benefits this has brought, the financial statements of wind turbine manufacturers and related businesses have shown large losses over the same period and it is difficult for smaller investors to get a good return on investments in renewable energy. Maybe we need a radical rethink. In this article, Mike J. Fritz presents his arguments for the kilowatt-hour as a new monetary unit and standard. He also provides the text of the Renewable Power to the People Amendment, which he suggests, if supported and successful in the USA, could set the stage for other countries to follow.
By Mike J. Fritz, USA
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