In order to avoid catastrophic warming we have to reduce emissions by something like 80% by 2050. That seemed a pipe dream before cheap solar panels, now it feels inevitable to me.
70% of the power generated by a coal plant is wasted in the transmission line before it reaches your home, distributed generation has this huge efficiency benefit going for it.
The Chinese solar industry has gotten the price down below .50 per watt this year, in a few years it won't make sense to add carbon-sourced marginal capacity. Almost all of new demand can be satisfied with solar pv. We will have to solve the energy storage problem, and I think we will. Superconducting magnetic energy storage gives me hope.
https://en.wikipedia.org/wiki/Superconducting_magnetic_energ...