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The Cheap Energy Revolution Is Here, and Coal Won't Cut It (bloomberg.com)

An anonymous reader shares a report: Wind and solar are about to become unstoppable, natural gas and oil production are approaching their peak, and electric cars and batteries for the grid are waiting to take over. This is the world Donald Trump inherited as U.S. president. And yet his energy plan is to cut regulations to resuscitate the one sector that's never coming back: coal. Clean energy installations broke new records worldwide in 2016, and wind and solar are seeing twice as much funding as fossil fuels, according to new data released Tuesday by Bloomberg New Energy Finance (BNEF). That's largely because prices continue to fall. Solar power, for the first time, is becoming the cheapest form of new electricity in the world. But with Trump's deregulations plans, what "we're going to see is the age of plenty -- on steroids," BNEF founder Michael Liebreich said. "That's good news economically, except there's one fly in the ointment, and that's climate."

1 of 478 comments (clear)

  1. Re: prediction... more good comments... not by GLMDesigns · · Score: 0, Troll

    You're the fool. The issue is not coal per se. Even the "uneducated, uniformed nit-wits" as you so elegantly put it understand that.

    At issue is a government that ignores them and ignores good things (like the keystone pipeline) in order to appease a portion of the electorate.



    Appease is the right word because the keystone pipeline and fracking is superior to oil drilling in Russia and SA for a whole host of reasons. The pipeline is what killed the Democrats in 2016. Was it worth it?

    Keep living in your bubble guys. You might actually lose ground in a midterm election.

    --
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    Vote 3rd Party in 2016 and beyond