The International Energy Agency released its World Energy Outlook for 2012 November 12, predicting that renewable energy will grow into the world’s second largest source of electricity generation by 2015, and will near coal as the primary source by 2035. At the same time, the agency’s forecast depends upon more and larger government subsidies, which totaled $88 billion in 2011 and will need to grow to $4.8 trillion by 2035.