The Great Transition, Part I: From Fossil Fuels to Renewable Energy
OCTOBER 25, 2012
The great energy transition from fossil fuels to renewable sources of energy is under way. As fossil fuel prices rise, as oil insecurity deepens, and as concerns about pollution and climate instability cast a shadow over the future of coal, a new world energy economy is emerging. The old energy economy, fueled by oil, coal, and natural gas, is being replaced with an economy powered by wind, solar, and geothermal energy.