Sunday, December 18, 2016
Solar power now cheaper than wind power
See this article. This is in large part due to China rapidly deploying the tech and helping to finance it in other countries. Solar is also undercutting fossil fuel prices. Besides China, other emerging markets are leading the way, like Chile, Brazil, Uruguay, South Africa, and India. The OECD countries meanwhile are still mostly tied to fossil fuels. And the US, with its new government administration, will set back alternative energy production in the US for decades, as it's now completely controlled by the fossil fuel industry.