Energy Sector Continues to be Roiled by Coronavirus and Price War

Energy Sector Continues to be Roiled by Coronavirus and Price War

The news about the energy sector is mixed.   The good news is that Exxon is slashing spending by 30% ($10 b) as the President waffles on tariffs on foreign imports, while The New York Times reports solar and wind projects in operation are increasing sales as a result of utilities cutting costs because renewables are cheaper than coal.

Why This Matters:  This is the moment to pivot to clean energy.

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