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

Inter Milan 0 – 1 Bayern Munich

first_imgMario Gomez struck in injury time as Bayern Munich took a huge step towards avenging their defeat by Inter Milan in the 2010 Champions League final.The Bundesliga top scorer pounced on an error by Inter keeper Julio Cesar to tap home a priceless away goal in the first leg of the sides’ last-16 clash.Bayern played the better football throughout with Franck Ribery and Arjen Robben hitting the woodwork.Samuel Eto’o was repeatedly denied by keeper Thomas Kraft in an open match.Yet the game looked to be heading for a stalemate until the 90th minute when Cesar failed to hold Robben’s 20-yard strike and Gomez capitalised, leaving Inter’s grasp on the Champions League crown they won last May hanging by a thread.It was no less than the Germans deserved for a display full of attacking panache, led by the outstanding Robben, with 22-year-old goalkeeper Kraft imperious on his ninth senior match for the club. The two sides have endured a rough time since meeting in last year’s final, with Inter eclipsed by rivals AC Milan in Serie A and Bayern 13 points adrift of the Bundesliga summit.But both have improved of late, with Bayern in particular notching 22 goals in their previous seven games, and they produced an entertaining match with a dramatic finale.The Inter side that beat Bayern 2-0 last season famously had no Italians in it but the sole indigenous player in the current line-up, Andrea Ranocchia, should have given the Nerazzurri the lead within 70 seconds.The young centre-back, making his first Champions League start, found himself unmarked from Wesley Sneijder’s free-kick but he turned his effort wide from a few yards out.Bayern youngster Kraft was then called into action to charge down a close-range effort from Esteban Cambiasso. The visitors improved with star duo Ribery and Robben, playing together for only the third time this season because of injuries, beginning to shine.The pair combined to create Bayern’s best chance of the first half when Ribery headed his team-mate’s dinked cross against the bar.A fabulous Bayern passing move then ended inauspiciously when Gomez walloped the ball way over the bar from 10 yards.While the visitors continued to play the prettier football, Inter’s defence proved typically durable and the Italians created another chance when Kraft made a terrific one-handed save to deny Eto’o from 12 yards.Bayern had a great opportunity to break the deadlock seconds after half-time when Robben’s right-wing cross presented Thomas Mueller with a free header, which he contrived to glance well wide.Robben then created a chance for himself, scurrying across the penalty area before rifling an effort against the outside of the post as the Germans began to look dominant. Bayern’s stylish approach play continued to be undermined by their sloppiness in defence and Kraft again came to the rescue to parry Eto’o’s fierce effort, with Cambiasso spooning the rebound over with the goal at his mercy.Just as the match appeared to be igniting, it just as quickly began to fizzle out with Bayern unable to find the final ball to compliment their superior possession.There were no more chances of note until the final 10 minutes, with Inter appearing to be finishing the match stronger.Kraft made two stops, first to deny substitute Houssine Kharja and then to parry Thiago Motta’s point-blank header, before Eto’o’s goalbound effort was deflected just wide.But it was Bayern who found the decisive goal at the death when Robben broke forward and unleashed a strike from just outside the box, which Julio Cesar parried into the path of Gomez who tucked gleefully home. Source: BBClast_img read more

Wellington Police Notes: Wednesday, April 13, 2016

first_imgWellington Police news: Wednesday, April 13, 2016:•8:57 a.m. Officers took a report of suspicious activity in the 300 block N. Washington, Wellington.•9:30 a.m. Officers investigated criminal deprivation of a vehicle in the 200 block S. Meridian, Wellington.•10 a.m. Officers took a report of suspicious activity in the 2000 block E. 16th, Wellington which occurred April 12, 2016.•10:29 a.m. Officers took a report of found cell phone in the 200 block N. C, Wellington.•11:04 a.m. Officers took a report of a found radio in the 200 block W 13th, Wellington.•11:12 a.m. Officers took a report of a noise complaint by known suspect in the 500 block N. High Drive, Wellington.•1:15 p.m. Officers took a report of suspicious activity in the 400 block S. C, Wellington.•5:34 p.m. Officers took a report of a verbal disturbance by known subject(s) in the 800 block N. Woodlawn, Wellington.•10:15 p.m. Augustus M. Arterburn, 22, Haysville, was issued a notice to appear for defective headlamp and no proof of insurance.last_img read more