According to Moore's Law, the price of computing power is slashed in half every two years — which helps explain why personal computers become outdated so quickly. But now, as Paul Krugman at The New York Times notes, the solar energy industry is experiencing a similar trend. The price of producing solar power continues to fall — thanks to technological improvements and heavy subsidies in countries like China — and this onetime punchline of an energy sector continues to expand.
From the Boston Globe comes this interview with Paul Krugman on what he does in between writing and speaking. Just for fun. From the bully pulpit of his New York Times column, Paul Krugman has been explaining why numbers matters sin... Read Post
Here Comes the SunPaul Krugman, November 6, 2011 (NY Times)"…Moore’s Law — in which the price of computing power falls roughly 50 percent every 18 months — has powered an ever-expanding range of applications, from faxes to Facebook…... Read Post
For the past five years or so, the world has found itself awash in solar panels. Thanks to an initial spurt of European incentives for renewable energy and subsequent production boom out out of China, prices for solar module units w... Read Post