By the late 2020s or early 2030s renewables could be competing much more aggressively with the oil market.
Kepler Chevreux, a French investment bank, has produced a fascinating analysis that has dramatic implications for the global oil industry. The investment bank estimates that $100 billion invested in either wind energy or solar energy – and deployed as energy for light and commercial vehicles – will produce significantly more energy than that same $100 billion invested in oil.
Continue reading… “$100B invested in wind or solar will produce more energy than oil”













