A new analysis published this week reveals it is now clearly cheaper for countries to switch from coal-fired generation to renewables than it is to swap from coal to natural gas as a bridge to renewables. The new analysis from climate analytics non-profit group TransitionZero is centred around the carbon price needed to incentivise a switch from coal – whether that be to natural gas or to renewable energy. And the findings are dramatic. According to TransitionZero, the carbon price needed to incentivise a switch from coal-fired generation to renewable energy and battery storage is -$62/tC02 in 2022, as compared to a ... (full story)