Renewables Exceed Fracked Oil as Energy Resource

6.2 million barrels

The equivalent energy in barrels that leading renewable-energy technologies will add daily to the global energy mix, exceeding the 5.7 million barrels a day pumped from U.S. shale oil wells since 2010, according to Goldman Sachs Group Inc. Bloomberg: “New wind turbines and solar panels worldwide will provide more energy over the next five years than U.S. shale-oil production has over the past five.” … “’Wind and solar are on track to exceed 100 gigawatts in new installations for the first time,’ the analysts wrote. Solar and wind energy are saving a gigaton of carbon dioxide emissions annually and the market for four leading low-carbon technologies is now worth more than $600 billion per year.”