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FERC spots renewable growth, coal decline, EUC gets new president

Just as the European Commission got a new president, the Federal Energy Regulatory Commission (FERC) in the US has just published figures which show a dramatic about turn in the approach of energy suppliers – dumping coal and nuclear in favor of renewables – wind and solar, while gas remains strong. While Ursula von der Leyen only won the president’s seat by 2% of the vote, she does have some new carbon taxation plans that might just have swung the newly elected green-leaning seats, which enjoyed success in the recent European elections. So, while the EUC now seems to be pretty set on implementing stronger environmental protections, data from the US shows that despite its president’s best attempts, coal is…

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