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According to CNN, coal’s share of total power generation dropped from 45% in 2010 to 28% in 2018 and is expected to decrease to just 24% in 2020.
Dennis Wamsted of The Institute for Energy Economics and Financial Analysis said in a blog post that this “represents a momentous development driven by the deep transition underway in the electric generation arena.”
“The market has spoken loudly: The competition for America’s energy future is over, and coal has lost,” said EWG President Ken Cook. “Why, then, do President Trump and some short-sighted lawmakers want to prop up a loser?”
Why This Matters: The Trump administration, and lawmakers in some states, continue to push huge taxpayer-financed bailouts to money-losing coal plants, which in turn drives climate change and is a severe threat to public health. This surge in renewable power was not even imaginable five years ago, but now it is inconceivable that coal could ever come back and Trump’s promises to the contrary are more and more farcical. This is strong evidence that carbon neutrality in the U.S. in the next 25 years is not a pipe dream.
We wanted to end the week on a high note! We have written about Norway’s big plans for floating offshore wind — now we will have it in the U.S. too, thanks to the Governor of Maine, Janet Mills, who finally got the 12-megawatt demonstration project green-lit by pushing through legislation that forced state utility […]
Marine scientists in Brazil are closely monitoring a mysterious oil spill from August that has reached the Abrolhos Bank along the central part of the Brazilian coastline–which is the largest biodiversity hot spot in the South Atlantic Ocean.