Tag: renewables

The smart money is on renewable energy

By 2030, renewables will account for 70 percent of new power supply worldwide, according to projections released Monday from Bloomberg New Energy Finance. Bloomberg analysts examined gas prices, carbon prices, the dwindling price of green energy technology, and overall energy demand (which, in the U.S. at least, is on a massive decline), and found solar and wind beating fossil fuels like coal and natural gas by 2030.

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