Bloomberg’s New energy outlook, 2016

In Climate clippings 175, Item 4, I made reference to the Bloomberg New energy outlook, 2016 report which identifies eight “massive” shifts coming soon to power markets. In this post I’d like to take a closer look.

The summary sentence tells us that “coal and gas will begin their terminal decline in less than a decade”. Frequently the title of an article and the summary lead-in sentence are not written by the authors. In this case the “terminal decline” of coal and gas is more than a little misleading. Continue reading Bloomberg’s New energy outlook, 2016