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Author Topic: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy!  (Read 8298 times)

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AGelbert

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    • Renwable Revolution
“The world nears peak fossil fuels for electricity”

The era of ever expanding global demand for fossil fuels to generate power comes to an end in less than a decade, according to a new forecast by Bloomberg New Energy Finance. The peak year for coal, gas and oil will be 2025, and the world is headed for another “remarkable” tipping point by 2027, writes Tom Randall in an accompanying article. “At that point, building new wind farms and solar fields will often be cheaper than running the existing coal and gas generators.”

The report also argues that electric cars arrive just in time to prevent a fall in power demand in many economies.    

Quote

“Take Germany, where increases in efficiency mean that without electric cars, demand for electricity would be headed toward a prolonged and destabilizing decline.”

http://www.bloomberg.com/news/articles/2016-06-13/we-ve-almost-reached-peak-fossil-fuels-for-electricity

Quote
"Hitting peak oil will come faster than any of us think. But don't blame dwindling supply — it's all about disappearing demand" Amory Lovins

Amory Lovins on Energy Efficiency Breakthroughs (real world 90% plus waste reduction) that seem hard to believe:


Quote
"Only puny secrets need protection; big discoveries are protected by public incredulity."

Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

 

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