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America Bets $50 Billion on Coal and Gas Power as Electricity Demand Soars

U.S. companies are set to spend some $50 billion on power generation from coal and natural gas this year, the International Energy Agency…

Source OilPrice AI Summary Updated 2h 04m ago

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U.S. companies are set to spend some $50 billion on power generation from coal and natural gas this year, the International Energy Agency has said, as quoted by the Financial Times. This would be the first time in decades that U.S. spending on coal and gas generation would be higher than what China is investing in the two fuels, with the difference at $3 bi…

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