Wednesday, March 27, 2019

Coal prices continue to rise, becoming more costly than solar and wind alternatives

Coal prices are on the rise in the United States. The vast majority of coal production now costs more than wind and solar energy. Unless the price of coal production drops quickly, experts believe the fossil fuel will have to be replaced in the near future. "Even without major policy shift we will continue to see coal retire pretty rapidly," Mike O'Boyle, who authored a new study for Energy Innovation. "Our analysis shows that we can move a lot faster to replace coal with wind and solar." The...

from Inhabitat - Green Design, Innovation, Architecture, Green Building https://inhabitat.com/coal-prices-continue-to-rise-becoming-more-costly-than-solar-and-wind-alternatives
via Inhabitat

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