The price of renewable energy has plunged dramatically in recent years. Now the cost of a unit of electricity produced by renewables is comparable to or even cheaper than that produced by coal, gas or nuclear.
It all suggests a rapid transition to green energy and the demise of fossil fuels. Right?
Wrong, says Professor Brett Christophers of Uppsala University in Sweden! In this episode we visit Professor Chrstophers, delve more deeply into his view that while renewables appear to be cheap and getting cheaper, they may not actually be profitable, and ask what the implications are for using this technology to address climate change.
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