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Lugh@futurology.today
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M to Futurology@futurology.todayEnglish · 2 days ago

Over 90% of global renewable power projects are now cheaper than fossil fuels. Solar power costs 41% less than the cheapest fossil fuel option, and onshore wind is under half the price.

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Over 90% of global renewable power projects are now cheaper than fossil fuels. Solar power costs 41% less than the cheapest fossil fuel option, and onshore wind is under half the price.

Lugh@futurology.today
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M to Futurology@futurology.todayEnglish · 2 days ago
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The transition from The Fossil Fuel Age to the Renewables Age continues apace. It’s worth noting solar, wind and batteries have years more price falls ahead. In the 2030s, country after country will have near 100% renewables powered grids.

World on brink of climate breakthrough as fossil fuels ‘run out of road’, UN chief says

  • Plebcouncilman@sh.itjust.works
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    2 days ago

    If that’s true how come we need to subsidize it in order for it to be adopted?

    • thisisbutaname@discuss.tchncs.de
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      Fossil fuels are subsidized too

      • Sunshine (she/her)@lemmy.ca
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        2 days ago

        I really wish Canada was oil dry because then we wouldn’t embarrass ourselves with these subsides and lacklustre action on climate change.

      • Plebcouncilman@sh.itjust.works
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        I know, we shouldn’t subsidize either.

    • Fluffy Kitty Cat@slrpnk.net
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      It was more expensive until very recently. And the subsidies make it happen faster.

      • Sunshine (she/her)@lemmy.ca
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        New technologies are always expensive at first.

    • lazyViking@lemmy.world
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      2 days ago

      I would guess non renewables are heavily subsidised already?

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