I may well be naïve, but I’m going to continue to mostly focus in my blogging on things that are not total doom-and-gloom. Like the following.
A transformation is happening in global energy markets that’s worth noting as 2016 comes to an end: Solar power, for the first time, is becoming the cheapest form of new electricity.
This has happened in isolated projects in the past: an especially competitive auction in the Middle East, for example, resulting in record-cheap solar costs. But now unsubsidized solar is beginning to outcompete coal and natural gas on a larger scale, and notably, new solar projects in emerging markets are costing less to build than wind projects, according to fresh data from Bloomberg New Energy Finance.
“This election and basically the victory of Trump has raised a lot of uncertainty about what’s going to be the direction of the federal government on issues of climate and energy policy,” said study co-author Devashree Saha, senior policy associate at Brookings.
“At the state level, entities have implemented a lot of progressive climate change policies, a lot of creative and innovative experiments. In the new political reality where signs point to the fact the federal government is going to abandon the ship, so to speak, on energy and climate, the state role is going to become even more critical.”
She noted that in addition to setting energy policies, states also have much control over land use and transportation plans that relate to power generation and carbon emissions.
“States are really crucial actors in the carbon drama, much more than the federal government, which is a good thing,” Saha said.
(Midwest Energy News)