Are We Witnessing The Beginning Of The End For Fossil Fuels?

http://www.desmogblog.com/2015/05/17/are-we-witnessing-beginning-end-fossil-fuels

Bloomberg recently declared the era of fossil fuels irrevocably in decline: “The world is now adding more capacity for renewable power each year than coal, natural gas, and oil combined. And there’s no going back.” The sea change in how we power our economies officially occurred in 2013, Bloomberg’s Tom Randall writes in “Fossil Fuels Just Lost the Race Against Renewables.” That year, there were 143 gigawatts (GW) of renewable electricity capacity added globally, versus just 141 GW of new fossil-fueled capacity. Tags: BNEFBloomberg New Energy Financeenergyrenewablesrenewable energyclean energyfossil fuelscoaloiltransportbloombergVox

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s