Former President Donald Trump is suing retired British intelligence officer Christopher Steele over the controversial dossier he compiled which shook

The cost of solar power has dropped by nearly 90 per cent over the last decade, according to new research, taking it towards a key level that will make fossil fuel-generated power no longer economically viable. Calculations by Berlin-based Mercator Research Institute on Global Commons and Climate Change (MCC) found that the plummeting price of electricity produced by solar panels – down 87 per cent since 2013 – means the transition to renewable energy sources is “cheaper than expected”. The falling costs of batteries and other renewable technologies could also help supercharge the trend towards cleaner energy and meeting climate targets. “Some calculations even suggest that the world’s entire energy consumption in 2050 could be completely and cost-effectively covered by solar technology and other renewables,” said Felix Creutzig, who led the research. “This is an extremely optimistic scenario – but it illustrates that the future is open. Climate science, which provides policymakers with guidance in its scenario models, must reflect technical progress as closely as possible.” The publication of the research follows recent analysis that showed the cost of batteries fell by nearly 10 per cent last month. Energy analytics firm Benchmark Mineral Intelligence said the drop below $100/ kilowatthour (kWh) in August took batteries past a “tipping point” that puts electric vehicles (EVs) on a price parity with fossil fuel-burning vehicles. As well as accelerating the transition to EVs, the fall in battery prices is also a big boost for renewable energy technologies like solar and wind installations, as they use batteries to store excess energy during periods of overproduction. The falling costs for renewable technologies has been attributed to scientific breakthroughs that make them more efficient, as well as decreasing raw material costs. “Greenhouse gas emissions are higher than ever and the measures taken so far are too weak, but in this politically difficult situation, technological progress provides a ray of hope,” said Jan Minx, head of the MCC Applied Sustainability Science working group and one of the leaders of the latest research. “New scenario models, some of which are starting to be explored, are likely to demonstrate in the foreseeable future that the global climate transition might not be as expensive as previously assumed, and may even be cost saving – provided it is finally tackled.” The research was detailed in a study, titled ‘Technological innovation enables low cost climate change mitigation‘, which was published in the journal Energy Research and Social Science. Read More Hundreds of years after it was discovered, one material is about to change the world Solar panel breakthrough could supercharge ‘miracle material’ production Scientists invent solar panels that work in a snow blizzard New discovery is ‘holy grail’ breakthrough in search for aliens, scientist say

'The View' co-hosts Whoopi Goldberg and Sunny Hostin debated whether one should be friends with their children

Chelsea on Saturday completed the signing of Spanish goalkeeper Robert Sanchez from Premier League rivals Brighton...

Apple Inc. shares fell almost 3% Thursday, wiping out nearly $200 billion of market value in just two

Which MLB teams are lighting up the scoreboard, and which are having a tough time punishing pitchers?The MLB season is roughly one-third of the way complete. In the American League, the Tampa Bay Rays and Texas Rangers stand proudly above the rest. In the NL, the battle for No. 1 is split three ...

SAINT LOUIS--(BUSINESS WIRE)--Oct 19, 2023--

NASA has spotted a small new crater on the Moon that was likely caused by a Russian probe crash landing on the...

By Leah Douglas (Reuters) -Millions more Americans had difficulty securing enough food in 2022 compared to the year prior, including

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The latest report reveals that the Las Vegas Raiders have made the decision to release star DE Chandler Jones following a tumultuous week filled with legal issues. Everyone is extending their best wishes and hoping he can receive the necessary assistance.

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