The key headlines from the latest Irena (International Renewable Energy Agency) report entitled Global Energy Transformation, was that $10 trillion has come off the cost of fixing the climate change problem, due to falls in renewables costs. Our take is somewhat different and we really like what Irena has tried to do. Essentially it has analyzed out two use cases – one that is business as usual, and it sees the world hitting 2.50C of warming, as renewables continue to become more popular and cheaper, but as governments continue to subsidize their fossil fuel industries and fail to legislate against them. It has compared with this what it calls the REmap case, where it has mapped the use of Renewable…