Tuesday, November 29, 2011

Renewable Power Plants Up

The small victories add up. According to Climate Progress, renewables recently edged fossils in new power plant investments.

"Electricity from the wind, sun, waves and biomass drew $187 billion last year compared with $157 billion for natural gas, oil and coal, according to calculations by Bloomberg New Energy Finance using the latest data. Accelerating installations of solar- and wind-power plants led to lower equipment prices, making clean energy more competitive with coal."

The sooner we get off carbon, the better.

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