Originally posted by RWT101
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Trudeau (Our Idiot) stands alone as Canada — and the world — abandons green energy
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From Bloomberg New Energy Outlook 2018
5 Highlights
https://about.bnef.com/new-energy-outlook/#toc-download
1. 50 by 50
Cheap renewable energy and batteries fundamentally reshape the electricity system. Batteries boom means that half of the world's electricity by 2050 will be generated from wind and solar.
2
PV, wind and batteries trifecta.
The cost of an average PV plant falls 71% by 2050. Wind energy is getting cheaper too, and we expect it to drop 58% by 2050. PV and wind are already cheaper than building new large-scale coal and gas plants. Batteries are also dropping dramatically in cost. Cheap batteries enable wind and solar to run when the wind isn't blowing and the sun isn't shining.
3
Coal is the biggest loser in this outlook.
Coal will shrink to just 11% of global electricity generation by 2050, from 38% currently.
4
Gas consumption for power generation increases only modestly out to 2050
despite growing capacity, as more and more gas-fired facilities are either dedicated peakers or run at lower capacity factors helping to balance variable renewables, rather than run flat-out around-the-clock. Gas use declines dramatically in Europe, grows in China and picks up materially in India beyond 2040.
5
Electric vehicles add around 3,461TWh of new electricity demand globally by 2050, equal to 9% of total demand.
Time-of-use tariffs and dynamic charging further support renewables integration: they allow vehicle owners to choose to charge during high-supply, low-cost periods, and so help to shift demand to periods when cheap renewables are running.
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Hay grassy, tell me why you support AGW and fighting climate change when your heroes like Canada's fattest head David Suzuki doesn't even believe it himself?
Does he walk to work in Toronto from his home Vancouver?
Or why would he be buying property in Australia?
Or the AGW terrorist Al Gore buying ocean front property in cooking hot California?
BTW, the hottest day on record in Canada was on July 5, 1937. Nineteen thirty seven. OK? heh
It was 45C at Midale and Yellowgrass Sask.
And that was back in the days your only concern was being careful not to step in the exhaust.
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