CLIMATE CHANGE – Explained: why renewables became so cheap so fast (Max Roser, WEF)

Workers install a solar panel in Jiuquan, Gansu province, July 14, 2013. China aims to more than quadruple solar power generating capacity to 35 gigawatts by 2015 in an apparent bid to ease a massive glut in the domestic solar panel industry. Picture taken July 14, 2013. REUTERS/Stringer (CHINA - Tags: BUSINESS ENERGY) CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA - GM1E97H0X0A01
Falling renewable energy costs is good news for our planet. Image: REUTERS/Stringer
  • Despite the emissions they produce, fossil fuels currently account for 79% of the world’s energy production.
  • Fossil fuels have long dominated the industry for one major reason: price.
  • Traditionally they were a lot less expensive than other types of energy, but much has changed.
  • The price of solar energy alone has fallen by 89% in the past 10 years.
  • We know that the switch to renewables depends on them being affordable, these charts examine how we can make that happen.

https://www.weforum.org/agenda/2020/12/renewables-energy-price-cost-cheap-climate-change-sustainability/

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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