{"id":842,"date":"2017-10-24T15:40:42","date_gmt":"2017-10-24T14:40:42","guid":{"rendered":"https:\/\/rosetta.vn\/short\/?p=842"},"modified":"2017-10-24T15:40:42","modified_gmt":"2017-10-24T14:40:42","slug":"solar-power-will-kill-coal-faster-than-you-think","status":"publish","type":"post","link":"https:\/\/rosetta.vn\/short\/2017\/10\/24\/solar-power-will-kill-coal-faster-than-you-think\/","title":{"rendered":"Solar Power Will Kill Coal Faster Than You Think"},"content":{"rendered":"

Solar power, once so costly it only made economic sense in spaceships, is becoming cheap enough that\u00a0it\u00a0will push\u00a0coal and even natural-gas plants out of business faster than previously forecast.<\/p>\n

That\u2019s the conclusion of a Bloomberg New Energy Finance outlook for how fuel and electricity markets will evolve by 2040. The research group estimated solar already rivals the cost of new coal power plants in Germany and the U.S. and by 2021 will do so in quick-growing markets such as China and India.<\/p>\n

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The scenario suggests green energy is taking root more quickly than most experts anticipate. It would mean that global carbon dioxide pollution from fossil fuels may decline after 2026, a contrast with\u00a0the International Energy Agency\u2019s central forecast, which sees emissions rising steadily for decades to come.<\/p>\n

\u201cCosts of new energy technologies are falling in a way that it\u2019s more a matter of when than if,\u201d said Seb Henbest, a researcher at BNEF in London and lead author of the report.<\/p>\n

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The report also found that through 2040:<\/p>\n

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