- Global demand for coal is falling as electricity producers seek cleaner alternatives, and the cost of renewable energy tumbles.
- While Covid-19 lockdowns are expected to have a negative immediate impact on the commissioning and construction of some renewable projects, the long-term forecast for renewables appears bright.
- Renewables can also offer investors diversification benefits and the prospect of stable income payments.
In June, the UK went two months without burning coal for energy – the longest period since the industrial revolution in what some hailed as a major landmark in the move away from CO2-generating fossil fuels to more sustainable energy production.
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