Report: World trending to hit 50% renewables, 11% coal by 2050

(credit: Chauncey Davis)

Bloomberg New Energy Finance released a new report this week that estimates how electricity generation will change out to 2050. The clean energy analysis firm estimates that in a mere 33 years, the world will generate almost 50 percent of its electricity from renewable energy, and coal will make up just 11 percent of the total electricity mix.

Add in hydroelectric power and nuclear energy, and greenhouse-gas-free electricity sources climb to 71 percent of the...

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