By Peter Hirsch

Energy is prosperity.

There’s a direct relationship between economic growth and energy abundance – which has previously relied on burning fossil fuels. Their era of dominance, however, is ending - not only as we finally grasp the impact they have on our climate, but also from the economics of the alternatives.

Renewables are cheaper, more abundant and geopolitically secure. This position is not ideological; it’s simple maths.

Let’s start with the basics: renewables are the cheapest form of electricity available. In the UK, the cost of utility-scale solar and wind is around $0.04 per kWh - while gas is $0.08 and coal around $0.12.

According to the International Renewable Energy Agency (IRENA), the cost of solar power has fallen by over 80% since 2010, while onshore wind costs have dropped by about 60%.

This means it’s now cheaper to build renewables than........

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