Business

A Renewable Feast

krugman.blogs.nytimes.comSo you say you want a revolution? Politically, I’m afraid you’ll be disappointed — unless the revolution you have in mind involves putting Donald Trump’s finger on the button. But an environmental/energy revolution? That’s looking remarkably within reach.

Joe Romm has the story. The backdrop is the remarkable progress of recent years in renewable-energy technologies, which have put solar and wind power in striking distance of matching the costs of electricity generation using fossil fuels. There are two remaining hurdles: the costs aren’t quite there, and renewables have a hard time matching fluctuations in demand.

krugman.blogs.nytimes.com

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