Solar Crosses the Rubicon

Now cheaper than fossil fuels on a global scale, the economics of solar is propelling clean energy in a way that politics or climate claims never could. For decades, the solar sector has been fighting the same valuation battle that is plaguing the housing sector: first cost was regularly considered over full cost.

Solar Crosses the Rubicon

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Now cheaper than fossil fuels on a global scale, the economics of solar is propelling clean energy in a way that politics or climate claims never could.

For decades, the solar sector has been fighting the same valuation battle that is plaguing the housing sector: first cost was regularly considered over full cost.

Solar has won the full cost argument for years, but this summer it reached an important milestone—it is now cheaper upfront to create new solar power on a MWh basis than fossil fuel power, collapsing the...

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Now cheaper than fossil fuels on a global scale, the economics of solar is propelling clean energy in a way that politics or climate claims never could. For decades, the solar sector has been fighting the same valuation battle that is plaguing the housing sector: first cost was regularly considered over full cost. Solar has won the full cost argument for years, but this summer it reached an important milestone—it is now cheaper upfront to create new solar power on a MWh basis than fossil fuel power, collapsing the first cost objection.

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