Down Under, Renewable Energy Is Now Cheaper Than Fossil Fuels (Going Green):
From Bloomberg New Energy Finance, the results of a new study that found that energy from renewable energy—specifically wind farms—is now cheaper than gas or coal plants.
The results suggest that the Australian economy is likely to be powered extensively by renewable energy in future and that investment in new fossil-fuel power generation may be limited, unless there is a sharp, and sustained, fall in Asia-Pacific natural gas prices.
