Trump Dims India’s Solar Shine

Trump Dims India’s Solar Shine

With Donald Trump pulling the U.S. out of the the Paris climate accord, China and India will have to shoulder the burden of keeping a lid on global warming. But even if the two most-populous nations are willing to take up the mantle, their ability to pull it off is uncertain.

India’s solar industry offers a case study. Thanks to a dramatic decline in prices of Chinese-made solar panels in the past several years, burning coal is now almost 59 percent more expensive than harvesting the sun’s energy. Read More…

 

 

Credit By: Bloomberg

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