By: Jeremy Proville, Senior GIS Specialist & Economic Analyst
A recent Bloomberg New Energy Finance article made a splash saying that fossil fuels “just lost the race against renewables.” It included a striking chart, depicting changes in power capacity additions with very clear diverging trends.
Although this would be a delightful turn of events, we should be wary of putting the cart before the horse.
What may be lost on many readers is the fact that Bloomberg bases its story on power capacity, rather than actual power generation. Read More