WSJ In 2016 (Latest Data Available) $297 Billion Spent On Renewables, $143 Billion Coal/Gas/Nuclear
EDIT
In 2016, the latest year for which data is available, about $297 billion was spent on renewablesmore than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Renewable costs have fallen so far in the past few years that wind and solar now represent the lowest-cost option for generating electricity, said Francis OSullivan, research director of the Massachusetts Institute of Technologys Energy Initiative.
This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. andSiemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing.
In many places, opting for renewables is a purely economic choice, said Danielle Merfeld, the chief technology officer of GEs renewable energy unit. In most places, it is cheaper and other technologies have become more expensive.
EDIT
https://climatecrocks.com/2019/01/11/fade-to-black-coal-closures-accelerate/