Solar Now Produces a Better Energy Return on Investment Than Oil

The future is not good for oil, no matter which way you look at it. — Motherboard

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Solar — it’s not just a clean power source producing zero emissions and almost no local water impact, it’s also now one of the best choices on the basis of how much energy you get back for your investment. And with climate change impacts rising, solar’s further potential to take some of the edge off the harm that’s coming down the pipe makes speeding its adoption a clear no-brainer.

In 2016, according a trends analysis based on this report by the Royal Society of London, the energy return on energy investment (EROEI) for oil appears to have fallen below a ratio of 15 to 1 globally. In places like the United States, where extraction efforts increasingly rely on unconventional techniques like fracking, that EROEI has fallen to 10 or 11…