New report says 2016 to be defined by an acceleration to renewable energy, faster-than-expected shifts regionally and nationally, and growing risk for investors who lag behind.
Times have changed, and old electricity-generation models don’t work anymore.
Australian thermal coal is higher in energy content, true, but its ash content is double Indonesia’s export-coal average.
Regulatory risk and growing competition from wind, solar and natural gas is creating a global tipping point for coal.
India has had $100 billion in renewables investments so far this year.