Connect with us

Hi, what are you looking for?

Editor's Pick

The US is propping up gas while the world moves to renewable energy

Solar panels point to the sky at the Weesow-Wilmersdorf solar park on May 3rd, 2024, near Grischow, Germany. | Photo by Maja Hitij / Getty Images

The amount of electricity and greenhouse gas emissions from fossil fuel-fired power plants likely peaked in 2023, according to the annual global electricity review by energy think tank Ember. That means human civilization has likely passed a key turning point, according to Ember: countries will likely never generate as much electricity from fossil fuels again.

A record 30 percent of electricity globally came from renewable sources of energy last year thanks primarily to growth in solar and wind power. Starting this year, pollution from the power sector is likely to start dropping, with a 2 percent drop in the amount of fossil fuel-powered electricity projected for 2024 — a decline Ember expects to speed up in the long term.

“A major…

Continue reading…

You May Also Like

Investing

Newmont (NYSE: NEM) reported mixed financial results even as the price of gold approached its all-time high. In all, the company’s earnings per share...

Investing

Fisker (NYSE: FSR) stock price has been one of the best-performing electric vehicle (EV) stocks this week even as Tesla slumped. The shares jumped...

Investing

NatWest (LON: NWG) share price rose sharply, helped by the strong results from Barclays. The stock jumped to a high of 274.8p, which was...

Investing

The Fox Corporation (NASDAQ: FOX) stock price has been under pressure as investors come to terms with the abrupt firing of Tucker Carlson. The...




Disclaimer: Oldamericanbroker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the-company.


Copyright © 2024 Oldamericanbroker.com