Finally something to feel good about! Renewables are out producing coal:
And here’s the 2022 data from the NYT: Solar and Wind taking off with the old data point of 23pct renewable energy expected in 2023
Why? The cost of renewables is dropping exponentially:
And here is President Biden’s contribution: “An equally potent force, along with the technological advances, has been an influx of money — in particular, a gusher since 2020 of government subsidies.
In the United States, President Biden signed a trio of laws during his first two years in office that allocated unprecedented funds for clean energy: A $1 trillion bipartisan infrastructure law provided money to enhance the power grid, buy electric buses for schools and build a national network of electric vehicle chargers. The bipartisan CHIPS and Science Act set aside billions of dollars for semiconductors vital to car manufacturing. And the Inflation Reduction Act, which marks its first anniversary on Aug. 16, is by far the most ambitious attempt to fight climate change in American history.”
There may still be hope…
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