The falling cost of renewable energy

Can the world afford the transition to renewable energy? That’s been a nagging concern for years. The cost of renewable energy has consistently been used to delay action on climate change. There may have been an argument ten years ago, but anyone making the case today is not paying attention.

This graph is from the latest report out of the International Renewable Energy Agency, and it shows the falling costs of various kinds of clean power – exactly what you’d expect to see as the sector achieve...