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Old king coal has surrendered to solar, says global power report
Solar power has been declared "the new king of electricity" by the International Energy Agency in its annual energy outlook report, which finds it is already cheaper than...
For the first time since the industrial revolution, coal-fired power will constitute less than 20 per cent of the world’s energy by 2040, according to one scenario in the…
- Nick O’Malley
- The Age
The report has major implications for the Australian government, with Tim Buckley of the Institute for Energy Economics and Financial Analysis saying it…
“It deprives Australian state and federal governments of a crutch.
They have relied on the IEA modelling in the past to say there was…