Data: WoodMac; Chart: Axios Visuals

Solar costs have dropped precipitously in the last decade across South Asia and the Pacific, new research from consultancy Wood Mackenzie shows.

Why it matters: It’s a sign of potential good news to come for efforts to address climate change. As nations in South Asia rapidly increase their electricity consumption, renewable energy will increasingly be able to help fill that demand in the coming decades.

  • The above chart shows the levelized cost of electricity, which consists of the cost of different power sources over the lifetime of a facility, including the cost of building it.

What they’re saying: India’s "high-quality solar resources, market scale and competition have pushed solar costs down to half the level seen in many other Asia Pacific countries," said WoodMac research director Alex Whitworth.

But, but, but: Coal is still king in the region. Wind and solar made up just 6% of the region’s electricity, a number Whitworth says will increase to a "much higher level in coming years."

  • The region will continue to build coal plants for the foreseeable future as it satisfies big power demand and balances out wind and solar resources that don’t always generate electricity, Whitworth says.

Go deeper: The companies going big on solar

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Updated 2 hours ago - Politics & Policy

U.S. officials: Iran and Russia aim to interfere in election

Iran and Russia have obtained voter registration information that can be used to undermine confidence in the U.S. election system, Director of National Intelligence John Ratcliffe announced at a press conference Wednesday evening.

Why it matters: The revelation comes roughly two weeks before Election Day. Ratcliffe said Iran has sent threatening emails to Democratic voters this week in states across the U.S. and spread videos claiming that people can vote more than once.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Senate Democrats block vote on McConnell's targeted COVID relief bill McConnell urges White House not to strike stimulus deal before election.
  2. Economy: Why the stimulus delay isn't a crisis (yet).
  3. Health: New York reports most COVID cases since MayStudies show drop in coronavirus death rate — The next wave is gaining steam.
  4. Education: Schools haven't become hotspots — San Francisco public schools likely won't reopen before the end of the year.
  5. World: Spain becomes first nation in Western Europe to exceed 1 million cases.
Updated 3 hours ago - Politics & Policy

Supreme Court blocks Alabama curbside voting measure

Photo: Mark Wilson/Getty Images

The Supreme Court on Wednesday evening blocked a lower court order that would have allowed voters to cast ballots curbside at Alabama polling places on Election Day.

Whit it matters: With less than two weeks until Election Day, the justices voted 5-3 to reinstate the curbside voting ban and overturn a lower court judge's ruling designed to protect people with disabilities during the coronavirus pandemic.