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World's Cheapest Energy Source Will Be Renewables Within Three Years (qz.com)
Morgan Stanley researchers predict renewable energy will become the world's cheapest form of power within three years. An anonymous reader quotes Qz:
Renewable energy is simply becoming the cheapest option, fast... "We project that by 2020, renewables will be the cheapest form of new-power generation across the globe," with the exception of a few countries in Southeast Asia, the Morgan Stanley analysts said in a report published Thursday... Globally, the price of solar panels has fallen 50% between 2016 and 2017, they write. And in countries with favorable wind conditions, the costs associated with wind power "can be as low as one-half to one-third that of coal- or natural gas-fired power plants." Innovations in wind-turbine design are allowing for ever-longer wind blades; that boost in efficiency will also increase power output from the wind sector, according to Morgan Stanley.
The researchers also predict America will reach its Paris Climate Accord targets in 2020 -- five years early -- simply because renewables are already becoming the cheapest option for power.
The researchers also predict America will reach its Paris Climate Accord targets in 2020 -- five years early -- simply because renewables are already becoming the cheapest option for power.
Coal gets an undeserved bad rap, IMHO.
I live in PA and last summer we ripped out both of our electric furnaces and replaced them with two coal stoves. No only do they heat better, our electric bill nearly halved during the winter months. And no, it's not "sooty" or anything like that. The coal they deliver to homes comes pre-washed so there is really very little dust.
Also, PA gives a 10% property tax discount for upgrading to coal from electric or natural gas.
Animal Science
You saying there's another kind?
Animal Science from Texas A&M no less. Apparently he had quite the struggle finishing too.
That whole M thing in A&M is really overrated.
He was Lt. Governor when Shrub was elected. Boy, Texas sure likes having the Best and the Brightest, don't they?
ahahah you think a bunch of wealthy, well-armed nations falling into desperate financial turmoil will make those problems LESS? jesus christ conservatives are fucking idiots.
i could live a little longer in this prison
One good thing that Perry did is limit state regulation that could have stopped renewables from takin over. Now that Perry is gone, and the true radicals have taken over Texas, there are regulations that protect legacy interests.
But those regulations will not stop what is already happening. Natural gas is taking over coal plants, so Texas is producing less pollution not due to regulation, but due to the free market. Likewise wind is predicting an increasing percentage of the energy, and more cities are depending more on wind energy and less on fossil fuels. This, again, is not regulation but the fact that wind energy is so cheap there are occasional times that overnight spot prices are negative.
This, of course, means that wind will become increasingly popular. And, of course, Texas does not care about killing birds any more than it cares about killing children with the pollution from coal fired plants.
"She's a scientist and a lesbian. She's not going to let it slide." Orphan Black
If coal country here in the U.S. can effortlessly swing to radical extremes because their outdated jobs have gone away, think of what's likely to happen in the Middle-East when it's their turn.
I don't recall any Jihadis coming out of coal country. Oh, you mean they voted for the only candidate in the election that gave a finger to political correctness and was willing to control our borders. By the way, coal is still relevant. You need a base load for when the sun doesn't shine. I'll believe renewables are cheaper and coal is going away -- when coal actually goes away.