Fossil fuels losing relevance as renewables take over

The powerful fossil fuel energy cartel is shaking in its boots. Solar promises energy without the need to centralize energy production and without the fuel costs. That is something oil, gas and coal just cannot compete with.

A graphic published by Treehugger in a recent article shows the seriousness of the situation.

solar_graph_welcome_to_the_terrordome.png.662x0_q100_crop-scale

The cost of solar has been on a steep decline ever since the first solar panels were used to power spacecraft and satellites in the ’60s and it has now reached the price point of fossil fuel burning installations. Check out that grey line in the graph.

Better yet, check out the whole article here:

This solar graph is so wicked it’s titled “Welcome to the Terrordome”

More than 90% of newly installed energy production capacity so far this year has been in the renewable energy sector, not in the traditionally very strong hydrocarbon-burning energy industry. Treehugger has another article: Renewables = 92.1% of new US electricity capacity so far in 2014

Small wonder then that we are seeing a backlash – solar subsidies have been cut back to reflect the reality of solar installations becoming fully competitive. In what appears to be an over-reaction, perhaps stimulated by a lobby of fossil energy giants seeing their exorbitant profits threatened by the new kid on the block, there has been a recent move to tax solar energy…

No Free Sun for You! Why Arizona Wants to ‘Tax’ Solar Power

Facing taxes, Spaniards tear down their solar panels

This is clearly going too far and will no doubt in time be corrected. But what is happening can’t be reversed. Renewables are taking over. The takeover can perhaps be delayed but it is coming, as sure as the sun keeps coming up every day.

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