This Earth Day is different. Something BIG is changing fast… and not just the climate.
To everyone’s surprise, the war on climate change just morphed into what looks like an accidental free market triumph. Clean tech wind and solar energy entrepreneurs are kicking ass way beyond anyone’s wildest expectations, even in unsubsidized markets. Production costs are dropping so fast that reportedly, in 2015, the best executed utility scale wind and solar projects became (without subsidies) cheaper than gas or coal.
And this despite a massive drop in fossil fuel prices.
Through the magic of capitalism, technology innovation is on course to reduce, dramatically, your — and everybody’s — energy costs while at the same time reducing emissions that some credible evidence indicates may be bad for the environment. Next step: cutting some tax rates can accelerate these benefits in ways both conservatives and progressives can embrace enthusiastically, conserving their high-octane vitriol for other fights.