New wind now costs the same as new coal — the tiebreaker is one of them kills you
The radical environmentalists at Bloomberg have declared that the world's best new wind projects now produce electricity that costs about the same as electricity produced from new coal-fired power plants.
A lot goes into these calculations, but here's the bottom line: wind costs $65 a megawatt-hour, while power from new coal-fired power plants costs about $68 an hour. Coal would be much cheaper if there were no environmental controls on it. So if you like asthma, poor air quality, and premature death, be sure to vote for whichever politicians are all about rolling back environmental controls.