This has some pretty amazing factoids, not the least of which is that the major barrier to renewables is not technological, it is simply whether the financing can be arranged as quickly as needed.
Here is my favorite section:
...A draft reporthttp://www.theglobeandmail.com/opinion/is-canada-ready-for-a-world-awash-in-0-noil/article30259443/?utm_source=Shared+Article+Sent+to+User&utm_medium=E-mail:+Newsletters+/+E-Blasts+/+etc.&utm_campaign=Shared+Web+Article+Links prepared for Canadian government concluded demand for oil could fall so fast that producers simply dump their barrels on to a shrinking market, leaving high cost oil like Canada's, along with pipelines and other facilities, stranded. For a major oil producer to face a world where its reserves will fetch a price of "$0" would have been shocking a year ago. But in Calgary oil analyst Paul Sankey lectured the industryhttp://www.ctvnews.ca/business/critics-call-on-oil-industry-to-pay-out-profits-through-dividends-buybacks-1.2925970#_gus&_gucid=&_gup=twitter&_gsc=CNIOVkP: "Demand forecasts are way too positive ... really, the essence of the opportunity for oil is to be dividend stocks to pay out. Not to attempt to grow, but actually to orderly liquidate."
Shades of "The Coming Carbon Asset Bubble" by Blood and Gore from less than three years ago! (One WV coal company has already proposed giving away all its coal assets to anyone who would simply assume the environmental liabilities.)
Full article is available at:
http://ecowatch.com/2016/06/08/solar-power-obama-modi-agreement/
Jim Kotcon