Friday, April 6, 2018

New solar outpacing coal, gas and nukes combined

Good news: Solar is booming, according to a recent report.

According to a report from the Frankfurt School of Finance and Management, last year more solar capacity was installed around the world than net coal, gas, and nuclear plant capacity combined.
More good news: Transportation is slowly electrifying as battery prices drop.

2017 also saw the sale of 1.1 million electric vehicles (EVs), the report says. 

The bad news is that greenhouse gases are still increasing.

In 2017, global carbon emissions rose 2 percent, also mostly due to China's explosive growth and its reliance on gas-fired generation through a low-precipitation year that hurt hydroelectric generation.

We just have to keep working at it.

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