Take it straight from a major fossil fuel supplier: The world’s energy mix is changing, and it’s shifting toward lower-carbon fuels.
BP, the British oil and gas giant, said global efforts to slash greenhouse gas emissions and boost efficiency are having a tangible effect on global energy markets, with two main narratives playing out: the decline of coal, and the rapid rise of wind and solar power.
SEE ALSO: Apple is investing $1 billion in clean energy with this unique approach
This week, BP released its Statistical Review of World Energy on 2016 data. For 66 years, this annual report has served as an energy industry statistical bible of sorts, painting the broad picture of global energy development. Read more…
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