Author Topic: Addressing climate change  (Read 7700 times)

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Offline Omni

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Re: Addressing climate change
« Reply #15 on: May 25, 2019, 07:45:56 pm »
Global economy would save up to $160 trillion by shifting to renewables, electric cars
Imagine a world where 85% of all electricity comes from renewable sources, there are over one billion electric vehicles on the road, and we are on track to preserve a livable climate for our children and future generations.
The International Renewable Energy Agency (IRENA) reported this week that such a future is not merely possible by 2050, but thanks to plummeting prices in key clean energy technologies, the cost of saving the climate has dropped dramatically.

Factoring in environmental costs (in your taxes) of fossil fuel energy, It's already cheaper to go renewable, and getting cheaper all the time.

And here's another example of just that.

 The cost of producing one megawatt-hour of electricity a standard way to measure electricity production is now around $50 for solar power, according to Lazard's math. The cost of producing one megawatt-hour of electricity from coal, by comparison, is $102 more than double the cost of solar.

It would seem fairly simple to figure out that operating a solar powered electricity producing plant would be a lot easier and cheaper than a coal fired one.