Monday, June 1, 2020

Renewables pass coal in USA

In the USA in 2019, for the first time since the late 19th century, energy produced from renewable sources passed energy produced from coal.



Look at the steep decline in coal!  Nearly halving in just 5 years.  And the equally steep ascent in renewables.  This is likely to be a repeated pattern everywhere as the cost of renewables continues to decline.  Beware stranded assets!

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