Some of the world’s biggest and oldest oil & gas companies aka Big Oil are credited with powering the Second Industrial Revolution that kicked off in the late 19th century and ushered in the modern tech era as we know it. Oil accelerated industrial production and reshaped networks by allowing faster transportation thanks to being cheaper and packing a much higher energy density than other fuels. However, solar energy could become the primary power source of the Fourth Industrial Revolution, thanks to its simplicity, longevity, low cost, and overall efficiency. Indeed, Bloomberg has revealed that the seven largest solar companies–all located in China–already are supplying more energy to the world than the seven biggest fossil fuel producers.
This post was originally published on 3rd party site mentioned in the title of this site
