The Economic and Environmental Reasons Coal Is on Its Way Out
Shifts are happening in the global energy landscape. The decreasing consumption of coal for energy and the increasing demand for renewable energy sources are driving these changes. In 2023 alone, the world added 50% more renewable energy capacity than in 2022. Nearly three-quarters of this was solar energy, and the trend isn’t slowing down. Renewable energy capacity is expected to more than double by 2028, driven largely by solar power.
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