Falling renewable costs 'chilling' for fossil fuels

The rapidly falling cost of renewable energy and batteries is "chilling" for the future of the fossil fuels sector, raising doubts about the viability of new coal power stations.

The combination of batteries and wind farms
is providing more power flexibility.

A Bloomberg New Energy Finance report has found the price of renewables has fallen by almost a fifth over the last year, with wind and solar generators becoming cheaper than both coal and gas-fired power stations.

Elena Giannakopoulou, head of energy economics at BNEF, said the rapidly falling cost of renewable generation and battery power is changing the game for the electricity sector.

"The conclusions are chilling for the fossil fuel sector," she said.

Read Cole Latimer’s story from The Sydney Morning Herald - “Falling renewable costs 'chilling' for fossil fuels.”

New science suggests the ocean could rise more — and faster — than we thought

Climate change could lead to sea level rises that are larger, and happen more rapidly, than previously thought, according to a trio of new studies that reflect mounting concerns about the stability of polar ice.

The Pine Island Glacier ice front.

In one case, the research suggests that previous high-end projections for sea level rise by the year 2100 — a little over three feet — could be too low, substituting numbers as high as six feet at the extreme if the world continues to burn large volumes of fossil fuels throughout the century.

“We have the potential to have much more sea level rise under high emissions scenarios,” said Alexander Nauels, a researcher at the University of Melbourne in Australia who led one of the three studies. His work, co-authored with researchers at institutions in Austria, Switzerland, and Germany, was published Thursday in Environmental Research Letters.

Read Chris Mooney’s story from The Washington Post - “New science suggests the ocean could rise more — and faster — than we thought.”