Solar costs down, but climate disaster costs up

In 2016, the record low unsubsidized solar energy price was 3.6 cents per kilowatt-hour. This year, 3.6 cents is becoming the top price, with bids going lower and lower. Saudi Arabia is building a 300-megawatt photovoltaic solar plant, and every bid it received was cheaper than that—the lowest bid price was 1.79 cents per kilowatt-hour.

On the other hand, a new report from the US Government Accountability Office found that “Climate change impacts are already costing the federal government money, and these costs will likely increase over time as the climate continues to change.”

Read more at Daily Kos
Photos: Solar Panels: Antonio Garcia on Unsplash, Flood: Hermann on Pixabay

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