Coronavirus accelerates global shift to cheaper, more sustainable renewable energy

Good News Notes:

Coal suffered a historic drop in usage last year. Buyers paid producers as much as $37 per barrel of crude oil in April. The price of plastics has fallen by roughly half over the last four years. 

The fossil fuel economy, which motored happily through one century, is quickly running out of steam. Gas, once considered a viable option to bridge the transition from “dirty” fossil fuels — such as coal and oil — to renewable energy, is now more likely to serve as the end of the fossil fuel era rather than the beginning of the renewable energy age.”

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