The era of oil is coming to an end, with global oil production set to halve in the next five to six years. To avoid a global economic slump, the transition to 100% renewables worldwide needs to be accelerated. It is feasible and cheaper than the current system, research shows. Photo: Zbynek Burival 2018 was a year of bold ambition and remarkable achievements for renewable energy, according to the International Renewable Energy Agency. Indeed, the production costs of renewables fell to record lows, undercutting the costs of existing coal-fired power plants. Investment in renewables kept rising, with most investment coming from emerging and developing countries. And even in places where politicians try to block the energy transition, for instance in the USA and Australia, numerous private actors, companies, and entire communities increasingly committed to […]