Solar panels redirect the sun's rays near Seville, Spain.
Solar panels redirect the sun's rays near Seville, Spain.Photographer: Markel Redondo/Bloomberg
Climate Changed

Solar and Wind Power So Cheap They’re Outgrowing Subsidies

The government aid renewable energy developers once relied on is fading away

For years, wind and solar power were derided as boondoggles. They were too expensive, the argument went, to build without government handouts.

Today, renewable energy is so cheap that the handouts they once needed are disappearing.