US Invests Record $338 Billion in Energy Transition

renewable energy

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a day ago

Summary

US invests record $338 billion in energy transition; solar leads; natural gas demand up; carbon emissions rise slightly

Key Points

Solar power accounted for 49 gigawatts of new generating capacity, with wind and solar combined representing nearly 25% of electricity demand.
Natural gas demand increased by 1.3%, leading to a slight rise in carbon emissions.
Tech companies are investing in nuclear power and renewable energy sources to meet growing data center demands.

Why It Matters

The US's energy transition is crucial for reducing carbon emissions and meeting global climate change goals.

Author

Tim De Chant

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