The Turning Point Has Passed More Renewable Sources Are Being Deployed Than Fossil Fueled Sourced Ones
Solar, wind, hydro, geothermal and tidal power win.
The world is changing for the better. For the first time more renewable power sources are being installed in the world than nonrenewable sources.
Oil has been king of the hill for a long time but not any more. 2013 was the actual turning point according to the graph below.
“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 price of wind and solar power continues to plummet, and is now on par or cheaper than grid electricity in many areas of the world. Solar, the newest major source of energy in the mix, makes up less than 1 percent of the electricity market today but could be the world’s biggest single source by 2050, according to the International Energy Agency.” ~Bloomberg
The original Bloomberg article has more details.
