Global investment in wind and solar doubles that in gas, nuclear, and coal

first_img FacebookTwitterLinkedInEmailPrint分享Wall Street Journal:Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by falling costs of producing wind and solar power.More than half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind and solar, according to the International Energy Agency.In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind- and solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.Renewable costs have fallen so far in the past few years that “wind and solar now represent the lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.Sustained government support in Europe and other developed economies spurred the development of renewable energy. But costs have fallen for other reasons. China invested heavily in a domestic solar-manufacturing industry, creating a glut of inexpensive solar panels. Innovation helped manufacturers build longer wind-turbine blades, creating machines able to generate substantially more power at a lower cost.Renewable-energy plants also face fewer challenges than traditional power plants. Nuclear-power plants have been troubled by mostly technical delays, while plants burning fossil fuels face regulatory uncertainties due to concerns about climate change. And pension funds, seeking long-term stable returns, have invested heavily in wind farms and solar parks, allowing developers to get cheaper financing.“It is just easier to get renewables built,” said Tony Clark, a former member of the Federal Energy Regulatory Commission. “There is that much less opposition to it.”More ($): Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels Global investment in wind and solar doubles that in gas, nuclear, and coallast_img read more

Raisel Iglesias

first_imgThe Reds certainly made a good decision when they signed pitcher, Iglesias, to a 3-year contract.  There was a lot of talk during the past season concerning trading Iglesias for some starting pitching.  I think if you check the Reds’ past season, the starting pitching would not do the Reds a lot of good if they didn’t have Raisel there to finish the game.  When you have a great reliever, you do everything to keep them.Iglesias makes a lot of sense for several reasons.  The biggest reason is his ability to throw more than one pitch in a relief role.  Too many young relief pitchers just want to throw the ball past a hitter.  Iglesias has very deceptive breaking balls that he can throw along with his upper 90’s fast balls.  Another reason is that he is very young.  His only drawback that I can see is that he has had some arm and shoulder problems that have cropped up in the past couple of seasons.   Nonetheless, the Reds are indicating that they want to win NOW!last_img read more

Challenge accepted: St. Louis Blues’ Jordan Binnington will face Justin Bieber in breakaway competition

first_img“10 breakaways me vs. you,” Binnington commented on one video. “You score on me I’ll dye my hair platinum blonde @justinbieber.”Bieber’s videos iincluded a game of shinny with Toronto Maple Leafs players Auston Matthews, Mitch Marner and Tyson Barrie and showed off some skill — he even scores a nice backhand goal in one of them, which prompted Binnington to challenge the pop star in the comments.The 2010s: Crosby named NHL Athlete of the Decade | NHL All-Decade Team The St. Louis Blues on Wednesday announced that goaltender Jordan Binnington will face pop star Justin Bieber in an on-ice breakaway competition — but the where and the when of it all still has yet to be determined.Binnington originally issued a publicly challenge to Bieber  on Jan. 1 in response to a series of videos the musician posted of him playing recreational hockey on Instagram. Budweiser Canada got in on the action by offering to double Bieber’s $10,000 charity donation if the two go toe-to-toe during the NHL’s All-Star Weekend in St. Louis, which Binnington will conveniently participate in as part of the Central Division’s roster.According to NHL.com’s latest update, that situation doesn’t seem likely. The two sides have yet to determine where and when the event will happen, as well as what charity will benefit from the two stars’ efforts — though the Blues said it’s most likely to happen during the NHL offseason.Bieber’s 2020 concert tour takes him to St. Louis’ Enterprise Center on July 13 — stay tuned. How bout 10 thousand dollars to charity I score and you donate to a charity of my choice and we film it. @binninerA post shared by Justin Bieber (@justinbieber) on Jan 1, 2020 at 7:30pm PST”How bout 10 thousand dollars to charity I score and you donate to a charity of my choice and we film it,” Bieber responded to Binnington’s initial challenge in another Instagram post. View this post on Instagramlast_img read more