Zero-Emissions Power Production is Cheaper Than You Think
My CARMA colleague David Wheeler has posted a fascinating note on the Center for Global Development’s “Views from the Center” blog. In response to the World Bank Group’s continuing support of coal power plants in the developing world, David crunched the latest numbers on the cost differences between dirty coal power and some carbon-free alternatives. Bottom line: The additional financing needed to make clean alternatives viable is small compared to estimates of the social, economic, and environmental costs of climate change. Read the full story here.