Sunday , December 22 2024
Home / Mike Norman Economics / From U.S. to Europe to China to Russia, renewables are now cheaper than coal — Adele Peters

From U.S. to Europe to China to Russia, renewables are now cheaper than coal — Adele Peters

Summary:
It’s now cheaper to invest in renewable energy than coal in all major markets around the world—and more than half of existing coal plants are also more expensive to keep running than building new renewables, according to a new report. By 2030, the think tank estimates that new renewables will be cheaper than existing coal plants in all major markets.... Milestone.Fast CompanyFrom U.S. to Europe to China to Russia, renewables are now cheaper than coal Adele Peters

Topics:
Mike Norman considers the following as important: , , ,

This could be interesting, too:

Frances Coppola writes From Carbon To Metals: the Renewable Energy Transition

Mike Norman writes Nick Cunningham — The Threat That Will Send Oil Down To

Mike Norman writes David Nield — Huge Global Study Just Smashed One of The Last Major Arguments Against Renewables

John Aziz writes Automation, Space Colonization & The Post-Transactional Economy

It’s now cheaper to invest in renewable energy than coal in all major markets around the world—and more than half of existing coal plants are also more expensive to keep running than building new renewables, according to a new report. By 2030, the think tank estimates that new renewables will be cheaper than existing coal plants in all major markets....
Milestone.

Fast Company
From U.S. to Europe to China to Russia, renewables are now cheaper than coal

Adele Peters

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *