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Wood Mackenzie says the levelized cost of electricity (LCOE) in the Asia-Pacific region hit an all-time low in 2023, as utility-scale PV beat coal to become the cheapest power source. It predicts a further drop in costs for new-build solar projects, driven by falling module prices and oversupply from China.
The reality of economic imperatives, however, will eventually expose the folly of decarbonization plans.
COP28 is in fool (no typo there) swing in Dubai right now, and things are already getting testy. The COP28 presidency passed to the United Arab Emirates in the person of Sultan Al Jaber. His thank you...
The mainstream media are gearing up to bombard people with terms like "climate emergency," "climate justice" and "climate equity" in anticipation of this week's start of the 28th United Nations Conference of the Parties in Dubai.
India’s reliance on coal will likely continue as the country struggles to find other ways to cool homes down and keep the lights on.