Here Comes The Sun (Power)
Proponents Of Solar Power Say The Technology Is Getting Cheaper, May One Day Compete With Fossil Fuels
-
Play CBS Video
Video
The Future Of Solar Energy
Experts have suggested that solar-powered energy can become a significant and cost-efficient replacement for fossil fuels in the near future, but will the government help? Tony Guida reports.
-
Photo
Solar panels in the Mojave Desert in California. Proponents of this alternative energy say that, while it's more expensive than fossil fuels, it's becoming cheaper and may one day be able to compete with coal and oil. (CBS)
-
Interactive
Alternative Energy
Learn about the types of renewable energy that are used in the U.S. and the regions of the country considered to be most suitable for each kind.
-
Interactive
Eye On Energy
Explore the production and consumption of energy in the U.S. Find out more about energy costs, and the use of fossil fuels, nuclear power and renewable energy sources.
If you said New Jersey, your solar-energy IQ is brilliant. And if you know why several thousand huge mirrors are splayed across the Mojave Desert in California, consider yourself a solar energy genius, CBS News correspondent Tony Guida reports.
"Every single day when the Sun comes up, we are bathed with enough energy in one day to supply all the power we need for five years across the globe," Stephen Smith, executive director of the Southern Alliance for Clean Energy, said.
Lyle Rawlings has been making a living off that fact for 25 years - he's known as the godfather of solar power in New Jersey. His company's installation of solar panels on a warehouse roof will provide 90 percent of the facility's power. But technology doesn't come cheap.
"Solar power is more expensive than fossil fuel power so our business actually depends on government subsidies," says Rawlings.
But so do the oil business … and the coal business … and the nuclear industry too. The outlook for solar power, though, is brighter than any of those established technologies. General Electric estimates its solar energy division will top $1 billion in annual revenue in three years. JPMorgan Chase and Wells Fargo are investors in the biggest solar plant built in a generation.
"Solar is the one technology that is decreasing in price, increasing in opportunity and it can be the key part of the solution if we make the right investments today," says Smith.
Which brings us back to those mirrors in the Mojave Desert. No less a cutting-edge giant than Google is heavily invested in similar technology for turning sunlight into power. They're betting, just as New Jersey's godfather of solar, that this country will build a vibrant solar industry before oil and coal run out.
"For us in the solar industry, the holy grail is the point at which the cost of solar power is about equal to the cost of fossil fuel," says Rawlings.
Experts say that should happen in seven to 10 years. And by 2025, one report concludes, solar power can provide 10 percent of the nation's power needs. But that all depends on the government - the sun sets on tax credits for solar energy later this year.
© MMVIII, CBS Interactive Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
Video and Galleries from CBS Evening News
- Latest in CBS Evening News
- A Dealership at the Heart of a Town
- Rethinking Strategy in Afghanistan
- Complex Kidney Exchange Offers Hope



- 1
- 2
- next
See all 82 CommentsNot when you factor in population GROWTH.
Setup cost: Spendy, probably around $3500 US. Sipping frozen margaritas in air conditioned comfort and not using a drop of fossil fuel....PRICELESS
Re: "Solar power is more expensive than fossil fuel power so our business actually depends on government subsidies," says Rawlings."
"But so do the oil business %u2026 and the coal business %u2026 and the nuclear industry too."
This is key- to identify and eliminate any and all subsidies to the oil, coal, and nuclear industries.
Awesome. You''re living my dream!
Didn''''t they say the exact same thing in the seventies?
-------------
Yes.
This is turning into the seventies all over again.
And the outcome will be the same - something will happen that will make ALL OF THIS TOTALLY UNNECESSARY, we''ll go back to using oil like crazy, people will start driving Ford Explorers, then Expeditions, then Excursions, then Hummers. We will FORGET ALL ABOUT the oil shortage. Then we''ll have an oil crisis when we suddenly realize that there''s an oil shortage...
We just never learn.
We need Hillary and Bill.
------------
The Hummer became a popular civilian vehicle on THE CLINTONS'' WATCH.
What did they do to stop it? Did they warn people to stop driving such excessively large personal vehicles, because oil is a finite resource?
WHERE WAS THE CLINTON LEADERSHIP THEN???
Which means the development should have started about 10 years ago to be available today when we need them.
WHO WAS PRESIDENT 10 YEARS AGO???
Too bad he had NO LEADERSHIP...
And it''s not the president''s job to keep car makers from creating what people want.
Congress said cars had to meet mileage standards. SUV''s aren''t cars, they''re trucks, cuz they''re on truck beds. With plenty of money from the auto industry, Congress winked at this legal maneuver, and did nothing to close it. I think it was a Republican Congress at the time, but undoubtedly they all take bribes. Until lobbying is stopped, such scandals will continue.
The only reason why we haven''t had solar power already is because of the Venetian Mafia principal "pay for security".
Reagan could of used serfs from China to manufacture over 100,000,000 solar panels to make sure that every house was self-sufficient with its own power supply and no power bills.
However he chose to continue the trickle-down voodoo economic theories of failure and dependence and made sure that Americans remain in debt to power companies controlled by Wall Street.
For many of you Republicans this is your beloved Ronny who saw an opportunity to enrich his British pals instead of listening to a true patriot in Jimmy Carter who this nation to go with alternative energy.
How dumb is that you ditto heads?
/////NUCLEAR IS THE ONLY
ANSWER !!//////////////////
That''s because communism in Russia was not to be defeated dude. Come on man you''re smarter then this.
I''ll repeat myself:
The oligarchs and monarchies of Europe run Wall Street and the "City of London" through the Federal Reserve System.
In order for the Federal Reserve System to be all powerfull it must make sure that all nations use a central private banking system.
That private banking system doesn''t care if the government is communist or it''s leader is a despot or dictator like Hitler, it doesn''t give a da**
What happened to the Soviete Union was the oligarchs and monarchies of Europe used C.I.A and British M.I.6. intelligence in the founding of Al Quaida and the Taliban.
They suckered the Soviete Union into war in Aphganistan much like we were into Iraq by Tony Blair.
The Soviete Union blew out their economy fighting that war causing them to go into debt with the IMF.
Once you go into debt with the IMF you automaticly corrupt your national central bank into a private central bank because now the credit received from the IMF are private FEDERAL RESERVE NOTES.
That''s what the COLD WAR hoax was all about.
Read the book Tragedy and Hope to better understand.
WOW !!!!
By the WAY 50 % of all the ELECTRICity for the entire state of Connecticut is supplied by just ONE NUCLEAR ENERGY PLANT !!!
WOW
WHAT ARE WE DOING ? WHY ARE WE DEPENDENT ON FOREIGN ENERGY AT ALL ?? WE COULD HAVE ELECTIC CARS, CHEAP ! ELELECTRIC HOME HEATING, CHEAP ! AND NO DIRTY OIL FROM THOSE *** WHO HATE US.
what are you on /
You have to look past the garbage propanda that we are taught in school and reject these myths about Ronald Reagan created by junkyard dogs like Laura Ingram and Sean Hannity.
But to blame this on Reagan... unrerealistic.
--------------------------
Absolutely. If we''re going to blame anyone, it''s Clinton. The Hummer became a popular civilian vehicle ON CLINTON''S WATCH.
WHAT ARE WE DOING ?
---------------
Oh, yah! That reminds me of another part of this great ''70''s flashback that''s happening today - the ANTI-NUKE movement.
I remember my high school English teacher decided to attend an anti-nuclear rally in a nearby town. But she knew NOTHING about nuclear energy, so she wasn''t sure what she was protesting. So she asked ME, her student, to explain how a nuclear power plant worked so she would know what to protest.
STUPID! But that mentality is why we have so few nuclear plants today. And why we''re now up the creek, energy wise.
And it''''s not the president''''s job to keep car makers from creating what people want.
----------------
Yah - not when the president is BILL CLINTON, and the president HAS NO LEADERSHIP.
The failure to regulate SUV''s was a clear FAILURE OF PRESIDENTIAL LEADERSHIP.
Kick their ***
and
Take their Gas!!!
How dumb is that you ditto heads?
--------------------------------------------------------------------------------
Posted by whitemale08
Regan is an idiot and Carter is a patriot.
That is the funniest thing I have herd tongiht. What plannet are you living on?
Regan will be seen as the greatest presdient since World War II. Thats why he won re election easily and his VP won Election. Because the public loved him and becasue he kick Russia''s butt.
Keep living in fairy land though, read the History books. Carter was worse than BUSH! Couln''t even get re elected
A teacher hat was goibng to protest about something she knew nothing about ? I don''t think i would have bothered to go back to her class again.
I believe in giving credit where due. I also think Reagan was a great president. I also think Carter was probably one of the most honest presidents we had. As you know honesty is not something a politician survives on.
Last time i built a house i built all electric. Many electric companies offer a 20% discount for an all electric home. I think is a good move and intend to look into it again when i build. Also will look at other alternatives such as solar panels.
Sounds like you have a lot of forethought in the right direction. We need to look at every alternative available to us for future sources of power.
Regan didn''t have trouble finding work after he was president, look at Carter.
--------------------------------------------------------------------------------
Posted by excoachken
AMEN!!!
Destroying the food crop (corn) for ethanol is one of the stupidest ideas to come along in a hundred years. It has raised the price of groceries by thirty percent and cost the government billions as welfare for farmers.
Natural gas is very expensive here because Congress has outlawed drilling in places that are abundant in natural gas.
Energy independence is a worthy goal with conservation, solar, nuclear and drilling for oil offshore. Solar hot water heating can save the average family 20% in electricity right now for a relatively small investment and has been available for 75+ years.
Jtait00000 DOESN''T HAVE A CLUE ABOUT ANYTHING !
Posted by JTait2 at 08:41 AM : Jul 06, 2008
Morons like Tait0000 are an insult to mankind,tWisting the facts,over-looking the Truth And telling lies come easy for GOP Sect members !
Brain-washed Shrubbies,Rush Limpdicck Followers, and ALL of these Shrub Upholders need to be declared Insane ! Even very young children can plainly see the Devastation that has taken place from our ''Hijacked Corporape USA " GOP Sect !
Clueless,Brain-dead,This GOP Sect Must be Eradicated ! Enough is Enough,..Let These Criminals buy Charmin and Stop using Our US Constitution for their needs !
Posted by joe1022joe at 09:04 AM : Jul 06, 2008
Exactly why we need to STOP electing these career, "experienced" politicians, and need to start electing people with actual vision for a better America.
Not the career politician mindset of, "what can I do today, to get re-elected tomorrow".
Yes, we do.
We need Hillary and Bill. - Posted by JTait2
I don''t get it. I thought you said we need the best.
It''s too bad this site doesn''t have a logical-fallacy-checker for you, so I suggest you expend the effort to perform that task yourself. After all, such obvious errors of judgment render your spammerhoidal efforts irrelevant.
Its amazing how much oil is burned essentially to heat water. Solar water heaters use 19th century technology, yet gov''t programs to encourage their use simply aren''t broad enough. Its almost as though the gov''t WANTS us to burn oil ;)
The price of one years worth of death and destruction in Iraq is enough money to put solar panels on every home in America.
Oil companies want war not solar panels.
Posted by joe1022joe
Powerful lobbies fought it. Carter was attacked by the right wing media and right wingers continue attacking. The repbublicans took money and bribes and have been part of the problem.
- 1
- 2
- next
See all 82 Comments