Monday, June 29, 2015

Wind And Solar Will Soon Become The 'Least-Cost Option' - Yahoo Finance

Wind And Solar Will Soon Become The 'Least-Cost Option' - Yahoo Finance:

It is interesting how quickly the prices of wind and solar have been dropping and are expected to continue.

Obviously, these must be only a part of the solution, unless batteries get to be a whole lot better, a whole lot faster. (Maybe?). The wind doesn't always blow, and the sun doesn't always shine.

One savings for solar, is that it doesn't need to be done remotely. The transport/distribution costs can be much lower. Both sun & wind do not require the massive volumes of water that conventional fossil and nuke need. (Except for the manatees, there is no real reason to heat up rivers and lakes.)

Those folks in the coal industries, even in China, are soon going to find that they are missing the boat. Coal is not sustainable. Once people start to think harder and longer about the externalities costs of coal, it is going to continue the downward spiral from favor.

'via Blog this'

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