Even though Exxon paid lip service to the current dogma, their published reports from their research indicates that renewables (wind and solar) will only be a small player 25 years from now.
That is the opinion of Exxon who may be a little bit biased don't you think?
What do you the renewable energy companies would say? Do you think their opinion would be the same as Exxons? I bet they would not agree, wouldn't you?
I believe the big four fossil fuel companies in Germany claimed at one point that renewable in Germany could not provide more than 2% of their needs. They were way, way off. And now, this:
http://thinkprogress.org/climate/20...tility-goodbye-fossil-fuels-hello-renewables/
On Sunday, Germany’s biggest utility E.ON announced plans to split into two companies and focus on renewables in a major shift that could be an indicator of broader changes to come across the utility sector. E.ON will spin off its nuclear, oil, coal, and gas operations in an effort to confront a drastically altered energy market, especially under the pressure of Germany’s Energiewende — the country’s move away from nuclear to renewables. The company
told shareholders that it will place “a particular emphasis on expanding its wind business in Europe and in other selected target markets,” and that it will also “strengthen its solar business.”