💬 Friday discussion: too cheap to meter

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Now over to our discussion.  Nat Bullard of BloombergNEF points out that the levelized cost of electricity from new solar and wind is now LOWER than the running costs of existing coal- and gas-fired power plants.

This is massive. Our discussion questions today:

• What are the implications of this milestone on the decarbonisation of the grid?

• How will this impact geopolitics, specifically the major fossil exporters (like Russia for gas)? As I discuss in my book, solar insolation is much more equita…