Lithium & The Future, page-108

From the International Energy Agency
In advance of the critical COP21 climate summit in Paris, there are clear signs that an energy transition is underway: renewables contributed almost half of the world's new power generation capacity in 2014 and have already become the second-largest source of electricity (after coal). The coverage of mandatory energy efficiency regulation has expanded to more than one-quarter of global energy consumption.

The fact is that renewable energy is happening and in a big way.
I doubt many would know that fossil fuel subsidies around the world are currently more than double the subsidies for renewables. Most would have thought the other way around.

In 2013, the International Energy Agency (IEA) estimates that consumer subsidies for fossil fuels amounted to US$548 billion, while subsidies for renewable energy amounted to US$121 billion. However, a simple comparison of subsidy expenditure does not reveal the extent to which renewable energy is disadvantaged. To understand the exact impact of this distorted playing field, it is necessary to explore how different kinds of subsidy can affect investment decisions in different ways in specific energy sectors.

You don't have to agree with global warming but you do need to understand that most people do and so that will drive future direction.

Interesting article

http://www.smh.com.au/environment/r...-billion-to-fossil-fuels-20150724-gijsvh.html