Looks like big oil is shorting renewables again rightly or wrongly. There can't be any denying how quickly coal and gas are growing, likewise how renewables has had a shakedown in the last few years.
What is intriguing however is just how big oil - BP, Shell, Exxon etc - are really going to move away from the fossil cash cows in the future when the stuff gets too expensive to extract or when everyone moves onto something else.
Definitely, renewables is a huge opportunity for new entrants, possibly the biggest economic opportunity in business today in many ways given what's at stake.
What is intriguing however is just how big oil - BP, Shell, Exxon etc - are really going to move away from the fossil cash cows in the future when the stuff gets too expensive to extract or when everyone moves onto something else.
Definitely, renewables is a huge opportunity for new entrants, possibly the biggest economic opportunity in business today in many ways given what's at stake.