Skip to content

Renewables to Provide More Energy Than Fracked Gas

Bloomberg: “New wind turbines and solar panels worldwide will provide more energy over the next five years than U.S. shale-oil production has over the past five, according to Goldman Sachs Group Inc.”

“The leading renewable-energy technologies will add the equivalent of 6.2 million barrels of oil a day to the global energy mix, exceeding the 5.7 million barrels a day pumped from U.S. shale oil wells since 2010 … Goldman Sachs said the biggest shift will occur over the next decade as demand for renewable energy, LED lighting and plug-in vehicles accelerates.”

“’Wind and solar are on track to exceed 100 gigawatts in new installations for the first time,’ the analysts wrote. Solar and wind energy are saving a gigaton of carbon dioxide emissions annually and the market for four leading low-carbon technologies is now worth more than $600 billion per year.”

Recent Stories

High-speed routes biggest winners in latest rail funding round

Appeals court upholds most of Trump gag order in DC case

Kevin Up — Congressional Hits and Misses

House GOP cites new Hunter Biden charges in impeachment push

Congress must protect our servicemembers by reauthorizing Section 702 

Photos of the week ending December 8, 2023