Utilities see more upside in relatively cheap solar cells than expensive new coal-burning plants. That’s despite the Trump administration’s efforts to boost coal as a source of electricity.
Evan Osnos, staff writer at The New Yorker, spent 10 days in Beijing to report on China’s rapid progress and what it means for U.S. standing in the world economic order.
A hot and stormy Fourth of July weekend saw more than 20 cities hit record highs. While the grid was strained in some places, the power mostly stayed on.
China had more than a billion barrels of crude oil in reserve when the war in Iran disrupted the market. The country has also spent years diversifying its energy sources and accelerating electrification.
The war in the Middle East has shaken global energy markets over the past few weeks. Given the volatility of fossil fuels, could this be the push countries need to invest more in renewable energy?
