The Cost of Capital and Energy

When energy's cheap, you don't invest it in the right areas either. The amount of material that goes into generating energy is so much more than when you're talking about oil or natural gas. And for instance, like a 4 megawatt wind turbine stands the size of a 30-story building and basically is comprised entirely of steel. If your price of your energy collapses by 90%, it stands to reason that the cost of that steel is going to come down to two bucks.