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Natural Gas is King

Natural gas is the king of the U.S. power market — but that may not last.

By 2040, renewable energy resources such as wind and solar power will supply just as much of America’s electricity demand as gas, based on a Bloomberg New Energy Finance outlook issued Thursday. And globally, the cost of renewable power is falling so rapidly that gas will never become the dominant fuel as most of the world leapfrogs over fossil fuels and moves straight into wind turbines and solar farms to meet growing electricity demand, the report shows.

See the Bloomberg Article.

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