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Renewables Projected To Add Triple The Capacity Of New Fossil Fuel Plants By 2030

2014-07-01 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ThinkProgress: The "world is already adding more renewable-energy capacity each year than fossil fuel capacity," Bloomberg New Energy Finance (BNEF) explained earlier this year. And BNEF`s just-released 2030 Market Outlook projects that disparity will skyrocket, concluding that "renewable energy may reap as much as two-thirds of the $7.7 trillion in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels." That means some $5 trillion in renewable...

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Category:Electronics and Electrical

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