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California Pauses Shift From Natural Gas Amid Concerns About Power Shortages
The U.S.’s effort to prioritize low-carbon energy entails some bumps and bruises along the way, an indication that the energy industry’s trilemma of availability, reliability and affordability can conflict with today’s economic realities and environmental priorities, even in a state like California with abundant financial and clean-energy resources and a commitment to decarbonization. In today’s RBN blog, we look at the state’s lofty goals to phase out fossil fuels, why it has been forced to put its transition away from natural gas and nuclear power on hold, and some of the biggest challenges ahead for the ... (full story)
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- Posted: Sep 21, 2023 4:25am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 183
