Renewables will reign supreme by 2040, latest BNEF report shows

Renewable energy is on track to take over the world, if Bloomberg New Energy Finance’s predictions are correct. This month they released their annual New Energy Outlook report, which reveals 51 percent of the world’s power generation could come from renewables by 2040. During the next 23 years, 72 percent of the $10.2 trillion spent on new power generation will go into solar power and wind power.



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