Europe's great fossil fuel exit

UBS analysts project that because of a surge in renewables, 30% of Europe's fossil fuel capacity needs to be shut by 2017 to restore utilities' profitability.

Following up on a Credit Suisse report stating that ~85% of US energy demand growth would come from renewables by 2025, we thought it would be good to take a look at the energy trends in Europe as well. Actually, one of our readers pitched this idea prior to the publishing of that article, and did most of the research for this piece. I then had the pleasure of putting it together to create the primarily positive (with one notable hiccup) non-fiction story below. Enjoy!

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