Responsible capitalism in the US: Renewable energy

How clean tech is gaining ground across the pond

David Harrison of Rathbones

David Harrison of Rathbones

Renewable energy has always played a minor role in the US.

Despite the film industry often portraying California as being awash with wind turbines, the reality is that wind only accounts for just under 10% of energy production in the country.  Even so, there are signs that renewables are beginning to gain greater traction in the US - and elsewhere in the world - as the overall drive for sustainability takes hold. Indeed, renewables are forecast to account for around 25% of the US energy generation mix by 2050.  At a global level renewables have a stronger foothold, at around 26% of total electricity generation, and there are predictions th...

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