...According to a growing band of investment bankers and energy - TopicsExpress

...According to a growing band of investment bankers and energy market economists, it could fundamentally recast the way the world produces and consumes power. As Swiss Bank UBS told its clients in August, the world is on the cusp of a once-in-a-century shift towards renewable energy led by solar and batteries. Power stations fuelled by fossil fuels like coal will be the dinosaur of the future energy system. Coal is good for humanity: Tony Abbott. Coal is good for humanity: Tony Abbott. Photo: Melanie Russell By 2025, everybody will be able to produce and store power. And it will be green and cost-competitive. The consequences for coal producers and the fossil fuel industry that Australia relies heavily upon are immense. Australia left behind?....

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