SOLAR AND WIND PLANTS WILL SOON BE CHEAPER THAN COAL IN MARKETS AROUND THE WORLD, ANALYSIS FINDS

According to an article in The Guardian, solar and wind power generation is becoming less expensive than existing, as well as new, coal plants. The question is when will governments and the financial markets embrace the change?

“Report raises fresh doubt about viability of Australia’s thermal coal export industry.”

“Building new wind and solar plants will soon be cheaper in every major market across the globe than running existing coal-fired power stations, according to a new report that raises fresh doubt about the medium-term viability of Australia’s $26bn thermal coal export industry….” [READ MORE]