The Risk of Renewables Into the Balance Sheet

Renewable fuel costs are free, which means it's fixed. That means when the price of coal goes up, price of a renewable stays exactly the same. The point is not to get assets that move in opposite directions and commit half of your capital to value destruction. They just move in one direction. If you add renewables to the grid, the swing can be smoothed out because you have renewables in the portfolio where the price doesn't change. But denoncio has just learned that being good is not good enough. It needs to go socially responsible. We want to see what happens to this corporatist co-op who was released from prison on Friday for drug offences.