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[t]https://ichef-1.bbci.co.uk/news/624/cpsprodpb/28EE/production/_95487401_gettyimages-497496526.jpg[/t]
The world added record levels of renewable energy capacity in 2016, according to the UN.[/B]
But the bill was almost a quarter lower than the previous year, thanks to the plunging cost of renewables.
Investment in renewables capacity was roughly double that in fossil fuels, says the report from UN Environment.
It follows news that the cost of offshore wind power has fallen by around a third since 2012 – far faster than expected.
But the report’s authors sound the alarm that just as costs are plunging, some major nations are scaling back their green energy investments.
This, they say, reduces the likelihood of meeting the Paris climate agreement.
The paper is published in conjunction with Frankfurt School-UNEP Collaborating Centre and Bloomberg New Energy Finance.
Ulf Moslener, a co-author, told BBC News: “Things are heading the right way, and the learning and technical costs of renewables have done a large part of their job. But investments are not yet there to meet the structural change agreed in Paris."
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[URL="http://www.bbc.com/news/science-environment-39513339"]Source[/URL]
B-but renewables are too expensive! Clean coal! Jobs!
we're still far away from using them as renewal sources. but if we could jump from oil lamps to electricity, we will eventually do the same with solar power.
[QUOTE=Metaru;52076315]we're still far away from using them as renewal sources. but if we could jump from oil lamps to electricity, we will eventually do the same with solar power.[/QUOTE]
Says you.
*lights oil lamp and walks through dark house*
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