It’s not in the papers but a silent revolution is moving across the world. Renewable energy is becoming cheaper than energy from fossil fuels. It means that progressively the choice for wind and solar energy is no longer an ethical one but an economic one. And this will speed up the transfer to renewable energy.
Sustainable Living Armidale’s October forum will show a documentary video from the Dutch public broadcasting agency VPRO. The thesis of the video is that now the unsubsidised cost of solar and wind energy is cheaper than fossil fuels, and having reached this crossover point, the financial equation has changed with major investment now flowing into the renewable energy sector.
The point is made that energy prices for renewables is predictable and stable, compared to the price fluctuations in the fossil fuel markets. Manufacturing costs are easier to predict than the ever-changing costs of commodities.
Meet at 7pm on Thursday, October 6th at Kent House, opposite Central Park. Discussion will be followed by a light supper and an opportunity for people to talk informally. Gold coin donation appreciated. Everyone is welcome.
