Climate Tech Theme Accelerates…

I do sense that the concern placed on oil supply is a very media sourced short term issue. The Tipping point on oil vs solar passed a number of years ago.

Here is what AI points out: The rate of change between the growth of solar and oil for energy use is significant. Solar energy is projected to quadruple its generation by 2030, while oil generation is expected to decline. This shift indicates a significant transition towards renewable energy sources, with solar becoming the leading energy source by 2033. The growth of solar energy is driven by advancements in technology, lower costs, and increasing demand for clean energy solutions. In contrast, oil generation is expected to decline, reflecting a shift in energy consumption patterns and a focus on reducing carbon emissions. IEA – International Energy