Oilprice.com article
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“We have reached an important turning point in the energy transition. The case for new and much of the existing coal power generation, is both environmentally and economically unjustifiable,” said the director-general of IRENA, Francesco La Camera, commenting on the agency’s latest report.
“Renewable energy is increasingly the cheapest source of new electricity, offering tremendous potential to stimulate the global economy and get people back to work. Renewable investments are stable, cost-effective and attractive offering consistent and predictable returns while delivering benefits to the wider economy.”
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Hydrogen, probably gray, will be good news for awhile, until the renewables get built and start producing green hydrogen.
Let’s hope that the governments require all hydrogen from fossil fuels must be blue, AKA have the CO2 sequestered.
