Huge falls in the cost of solar and wind power in the last few years have unlocked an energy reserve that can meet world demand 100 times over — and most is already economic compared with fossil fuels, finds a report from the think tank Carbon Tracker published today. Solar and wind are inexhaustible sources of energy, unlike coal, oil and gas, and at current growth rates will push fossil fuels out of the electricity sector by the mid-2030s. By 2050 they could power the world, displacing fossil fuels entirely and producing cheap, clean energy to support new technologies such as electric vehicles and green hydrogen. Kingsmill Bond, Carbon Tracker’s energy strategist and report lead author, said: “We are entering a new epoch, comparable to the industrial revolution. Energy will tumble in […]