Solar costs set to plummet 50% by year’s end
The cost of solar equipment has been falling over the past several months, but now it looks like cost of solar-generated electricity will drop about 50 percent from where it was at the end of 2008, according to a new report from research firm New Energy Finance.
The firm’s prediction is based on two observations: First, that prices for solar modules, panels and components have been getting lower and lower; and second, that as the economy… Continue Reading
John McCain fleshes out his climate policy, draws contrast with Obama
John McCain emphasized the role of the private sector and called for a cap-and-trade system in a prepared speech he delivered today in Oregon, indicating that his policies will differ greatly from those of the Bush Administration, if he is elected.
McCain praised wind, solar and other renewable energy technologies as affordable and attractive alternatives to fossil fuels that could help revamp the country’s failed energy policies and significantly reduce its greenhouse gas emissions.
In an effort… Continue Reading