Thursday, March 31, 2016
Investments in Renewables are Eclipsing Fossil Fuels
Energy economics are changing as evidenced by events in 2015. Investments in renewable energy has been steadily growing since the dawn of the new millennium and in 2015 asset finance soared to a record high.
As investments in renewable energy are increasing, investments in fossil fuels are declining. In 2015 global investments in fossil fuels were $130 billion while investments in renewable energy were $286 billion.
Renewable sources of energy are eclipsing fossil fuels and in 2015 they supplied the vast majority of the new energy.
Market Forces are Killing the Fossil Fuel Industry
Renewables will Keep Growing Whether Oil Prices are Low or High
Renewables Decoupled from the Price of Oil
Despite the Oil Rally Expect Low Prices to Continue in 2016
Posted by Richard Matthews