OEF Rapid Review Articles
Solar power is now cheaper than coal in some parts of the world. In less than a decade it could be the lowest-cost option almost everywhere. The speed at which the price of solar will drop below coal varies in each country: Countries that import coal, or that tax polluters with a carbon price, will see a crossover in the 2020s. Countries with large domestic coal reserves will probably take longer. However, coal looks the more economical option when the need for backup supplies for renewables are taken into account, say coal industry officials.
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New Reality: Solar Is The Lowest-Cost Source Of Energy
