Fossil Fuels Just Lost the Race Against Renewable Resources

Fossil Fuels Just Lost the Race Against Renewables

Bloomberg has an interesting article that claims that in the long term there is no doubt that fossil fuels will lose the race with renewable energy.  A sample:

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 will be the world’s biggest single source by 2050, according to the International Energy Agency.

The problem seems to not be if, but when.  Can we transition fast enough to avoid the worst problems associated with climate change.

Still, this is good news.  I’ll take it where I can get it…