It’s Now Cheaper to Switch From Coal to Renewables Instead of Coal to Gas, Report Shows

Takeaways:

• Thanks to the falling cost of renewables and battery storage long with the rise in gas prices, it is now cheaper to switch from coal to clean energy.
• The global average cost of switching from coal to renewable energy has plunged by 99% since 2010.
• The carbon price of switching from coal to clean energy has decreased to -$62 per ton of carbon dioxide emitted on average in 2022.

Click here to view the original web page at: It’s now cheaper to switch from coal to renewables instead of coal to gas, report shows