Over the past decade, plans for 160 new coal fired power plants in the United States have been scrapped, largely due to rising costs and an inability to compete in today’s energy markets. That’s because the cost of once-“expensive” clean energy has fallen dramatically, while “cheap” fossil fuels are increasingly expensive in economic, health, and … Continue reading »
sustainable energy
Targeted financing needed to expand energy access in developing world
Energy poverty cripples development prospects. Where people don’t have access to modern energy services, like reliable electricity, their ability to earn a livelihood is sabotaged. That’s why UN Secretary-General Ban Ki-moon has called — admirably — for “a revolution that makes energy available and affordable for all” in 2012, designated the International Year of Sustainable … Continue reading »