Thursday, August 28, 2014

The penny -- or dollar -- drops

You can go through the pages of this blog all the way back to 2007, and here and there you'll find many, many hopeful references to parity -- the moment when solar PV and/or wind power becomes cheaper than fossil fuel.

I also argued that this time was close in other forums, particularly in comments on Revkin's blog. I got shot down by lots of denialists for my pains, and eventually gave up making such comments. Since I was convinced parity would arrive, there seemed no need to argue when I could just wait.

Parity has been here for a while now, and I've known it and my students have too, but it's also beginning to be discussed in the business news.

http://www.theguardian.com/environment/2014/aug/27/ubs-investors-renewables-revolution

PS: The Guardian followed up the next day with this:

http://www.theguardian.com/environment/2014/aug/28/renewable-energy-capacity-grows-fastest-ever-pace

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