Energy_Transition

Biden's green push could strand $68bn in US coal and gas assets: S&P

Investments vulnerable as renewables grow to meet president's ambitious decarbonisation agenda, says study

ROMEOVILLE, ILLINOIS - FEBRUARY 01: Smoke rises from a coal-fired power plant on February 01, 2019 in Romeoville, Illinois. The recent polar vortex taxed power systems across the Midwest as demand for electricity climbed as temperatures plunged. (Photo by Scott Olson/Getty Images) . US coal.
ROMEOVILLE, ILLINOIS - FEBRUARY 01: Smoke rises from a coal-fired power plant on February 01, 2019 in Romeoville, Illinois. The recent polar vortex taxed power systems across the Midwest as demand for electricity climbed as temperatures plunged. (Photo by Scott Olson/Getty Images) . US coal.Foto: Scott Olson/Getty Images
Published 11 August 2021, 13:11Updated 17 August 2021, 10:44
AmericasUSJoe Biden