From Bloomberg New Energy Finance:
“This is massive,” said Ethan Zindler, head of U.S. policy analysis at BNEF. In the short term, the deal will speed up the shift from fossil fuels more than the global climate deal struck this month in Paris and more than Barack Obama’s Clean Power Plan that regulates coal plants, Zindler said.
See the full article, and their video presentation: http://www.bloomberg.com/api/embed/iframe?id=YTrU8c_vSs2NztqQ_TNVtw
Zero Carbon energy is unstoppable, a series of videos by Climate Denial Crock of the Week.
Also, why utility companies of all sizes will fall faster than anticipated. Did you know utilities do not make money by selling electricity or methane? All those costs are “pass throughs”. What they do make money on is a statutory rate of return on the fixed assets they build.
Also, there’s more about the economics of grid defection.