Market Forces Driving “Great Transition” to Clean Energy, Says New Book Lester Brown’s latest highlights falling costs, rising adoption and failing nuclear, fossils - WASHINGTON, DC – The global economy is now undergoing a transition from fossil and nuclear energy to clean power from solar, wind, and other renewable sources

The Great Transition: Shifting from Fossil Fuels to Solar and Wind Energy lays out the rapidly evolving global shift toward cleaner sources of energy, driven by economics, policy, and the hard realities of accelerating climate change. [...] The old economy, fueled largely by coal and oil, is being replaced with one powered by solar and wind energy.” The Great Transition details this evolving trend, focusing on falling prices and rising adoption for wind, solar, electric vehicles, geothermal energy and energy efficiency; and the emerging turn from coal, nuclear power, oil and traditional transportation that is happening faster than an. [...] A few exciting trends: • The price of solar photovoltaic panels has declined 99 percent over the last four decades, from $74 a watt in 1972 to less than 70 cents a watt in 2014. [...] In the US, the country with the most reactors, nuclear generation peaked in 2010 and is now also on the decline. [...] With the market today favoring both solar and wind energy in many locations, the transition is accelerating, moving much faster than anticipated.” “We are all stakeholders” in the Great Transition, the authors conclude.