How solar energy got so cheap
Cheap solar is a policy success story.
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Since 2009, the price of solar energy has come down by 90 percent. ThatтАЩs no accident. ItтАЩs the result of policy interventions from the US to Germany to China.
As policy analyst Gregory Nemet puts it, тАЬNo one country is responsible. It was a relay race rather than a competition.тАЭ The global flow of knowledge, people, technology, and policy helped bring down the price per watt from more than $100 in 1976 to less than $0.50 today, according to this analysis from the folks at Our World in Data. https://ourworldindata.org/cheap-renewables-growth
If we can learn the right lessons from solarтАЩs success, it could help us develop and deploy the technology we need to keep our planet habitable and avoid the worst impacts of climate change.
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Cheap solar is a policy success story.
Subscribe and turn on notifications ЁЯФФ so you don’t miss any videos: http://goo.gl/0bsAjO
Since 2009, the price of solar energy has come down by 90 percent. ThatтАЩs no accident. ItтАЩs the result of policy interventions from the US to Germany to China.
As policy analyst Gregory Nemet puts it, тАЬNo one country is responsible. It was a relay race rather than a competition.тАЭ The global flow of knowledge, people, technology, and policy helped bring down the price per watt from more than $100 in 1976 to less than $0.50 today, according to this analysis from the folks at Our World in Data. https://ourworldindata.org/cheap-renewables-growth
If we can learn the right lessons from solarтАЩs success, it could help us develop and deploy the technology we need to keep our planet habitable and avoid the worst impacts of climate change.
Make sure you never miss behind-the-scenes content in the Vox Video newsletter, sign up here: http://vox.com/video-newsletter
Vox.com is a news website that helps you cut through the noise and understand what’s really driving the events in the headlines. Check out http://www.vox.com
Support Vox’s reporting with a one-time or recurring contribution: http://vox.com/contribute-now
Shop the Vox merch store: http://vox.com/store
Watch our full video catalog: http://goo.gl/IZONyE
Follow Vox on Facebook: http://facebook.com/vox
Follow Vox on Twitter: http://twitter.com/voxdotcom
Follow Vox on TikTok: http://tiktok.com/@voxdotcom
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