On April 14th, Tom Randall of Bloomberg News bannered “Fossil Fuels Just Lost the Race Against Renewables,” and reported that:

“The race for renewable energy has passed a turning point. 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 shift occurred in 2013, when the world added 143 gigawatts of renewable electricity capacity, compared with 141 gigawatts in new plants that burn fossil fuels, according to an analysis presented Tuesday at the Bloomberg New Energy Finance annual summit in New York. The shift will continue to accelerate, and by 2030 more than four times as much renewable capacity will be added.”

The article’s graphs of electrical generation show that, from now till at least 2030, solar will soar around five-fold, and wind will double, while coal and also oil will shrink about threefold. These are the major reasons why fossil fuels will shrink and be increasingly replaced by renewables. By 2030, the renewably-produced electrical power is projected to be 4.36 times […]