Solar Overtakes Fossil Fuels for the First Time

The International Renewable Energy Agency (IRENA) reports renewable energy will be cheaper than fossil fuels as early as 2020. Bloomberg's New Energy Outlook 2018 forecasts that "By 2050 wind and solar technology provide almost 50% of total electricity globally - '50 by 50' - with hydro, nuclear and other renewables taking total zero-carbon electricity up to 71%." Developing nations are now forging ahead of the wealthiest countries (and previous leaders in renewable energy) by practicing the use of producing energy through environmentally friendly methods, like wind and solar, more than traditional, harmful methods. Because many developing countries are plentiful in natural resources and

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Nicki Zvik 2019