Clean energy costs continue to fall

The Department of Energy just released Revolution Now, an annual update on its progress in accelerating clean energy. Specifically, it focuses on advances in five technologies: wind power, utility-scale solar power, distributed solar power, electric vehicles, and LEDs…

revnow2016-total

Since Obama entered office, these key technologies have dropped in cost between 41 and 94 percent.

Innovation in clean technology has come as a result of a concerted and diverse policy effort, from advanced research to tax credits, loans, pollution regulations, prizes and awards, and performance standards.

The bulk of the policy effort has come in blue states and at the federal executive level. After 2010, the GOP Congress refused Obama any legislative help, on anything…

Reasonable people would like to see these cost savings continue to improve. Depending on how folks vote – and that means all the way down-ticket to Congress-critters – good sense may prevail. Or not.

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