New Energy Outlook 2018

Fossil fuels are dead.

https://about.bnef.com/new-energy-outlook/

“Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 – on the back of precipitous reductions in cost, and the advent of cheaper and cheaper batteries that will enable electricity to be stored and discharged to meet shifts in demand and supply.  Coal shrinks to just 11% of global electricity generation by 2050.”

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