The same money would buy a lot more electricity through solar power than that fracked methane pipeline could generate.
Update 2 March 2017: Added tables; fixed some typos.
Ramez Naam, his blog, 21 September 2016,
New Record Low Solar Price in Abu Dhabi — Costs Plunging Faster Than Expected
High-placed utility executives have told me solar panels can’t get any cheaper. Here’s why economies of scale will continue to drive solar prices down, just like for Henry Ford’s Model T. There’s no excuse for new pipelines or nukes. Let the sun rise!
tl;dr: If current rates of improvement hold, solar will be incredibly cheap by the time it’s a substantial fraction of the world’s electricity supply.
Ramez Naam, on his blog, 10 August 2015, What’s the future price of solar?, Continue reading
More confirmation that solar power is winning so there’s no excuse for any new pipelines.
tl;dr: Moore’s Law is an analogy. As an analogy, it works. And progress is happening far faster than I projected in my ‘solar Moore’s Law’ piece of 2011.]
Ramez Naam, on his blog, April 2015, Is Moore’s Law Really a Fair Comparison for Solar? Continue reading