Solar Is ‘Such A Deal!’
Solar energy now cheaper than fossil fuels even without subsidies
Tibi Puiu, June 14, 2016 (ZME Science)
“…[S]olar energy is getting cheaper by the minute to the point that it’s now cheaper than fossil fuels even without subsidies in those sunny places like Nevada in the United States or Dubai in the United Arab Emirates…The tech is moving fast to other places which traditionally aren’t shined by so much sun, simply because businesses and residents would be foolish not to adopt it…Electricity enabled by fossil fuels trades at roughly 7-7.5 cents per kilowatt-hour, but just outside L.A. a new [solar] plant currently in the works is set to sell at 3.6 cents per kilowatt-hour. Elsewhere, in Dubai, a bid worth a record-breaking US 2.99 cents per kilowatt hour was accepted. Solar energy is already cheaper than coal in the world’s second most populated country, India…All of these prices were made subsidies not included, unlike coal, gas or oil which havre subsidies that amount to $452 billion each year across G20 states…” click here for more
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