Meanwhile, the president remains clueless about the clean energy revolution.
The rapidly dropping cost of renewable energy has upended energy economics in recent years, with new solar and wind plants now significantly cheaper than coal power.
But new research shows another major change is afoot: The cost of batteries has been declining so unexpectedly rapidly that renewables plus battery storage are now cheaper than even natural gas plants in many applications, according to a report released this week by Bloomberg New Energy Finance (BNEF).
BNEF analyzed pricing data from almost 7,000 power projects in 46 countries that span 20 energy technologies, including coal, gas, nuclear, battery storage, solar photovoltaics (PV), and wind.
View the complete March 29 article by Joe Romm on the ThinkProgress website here.