6A – Identifying Opportunities in Economic & Regulatory Trends

1) Economic Trend: U.S. Consumed More Renewables Than Coal for First Time in 134 Years

https://www.wsj.com/articles/u-s-consumed-more-renewables-than-coal-for-first-time-in-134-years-11590691919?mod=business_lead_pos6

According to U.S. Consumed More Renewables Than Coal for First Time in 134 Years, an opportunity exists to invest in renewable energy sources. This article is directly correlated with the economy because coal and its substitutes play a huge role in the global economy. I believe this opportunity exists because from the statistics presented by the article, more renewable energy has been used. Investing in renewable energy such a machinery that stray away from coal would have successful earnings. The people affected by this would be the entire population, but the opportunity would be tough and expensive to exploit, due to the cost of renewable energy consuming machinery.

I saw this opportunity due to the fact that I am a huge renewable energy advocate. I am big on supporting the environment and giving back to it instead of only taking from it. I believe with this idea, not only the community would benefit, but also the planet as a whole.

2) Economic Trend: Restaurants Say Socially Distant Dining Rooms Could Wipe Out Business

https://www.wsj.com/articles/restaurants-say-socially-distant-dining-rooms-could-wipe-out-business-11590671435?mod=business_lead_pos10

According to article Restaurants Say Socially Distant Dining Rooms Could Wipe Out Business, an opportunity exists. I believe that the fact that dining businesses is plummeting could mean for a rise of a new era of restaurants/food delivery. I believe that a restaurant with special booth and a food delivery system would have major profits in a time like this. I believe this opportunity exists from the statistics derived from the article. The customers affected by my idea would be the average hungry American wanting to eat out for a change without risking being exposed to the virus, Covid-19. The idea would be tough to exploit in the sense of the economic burden and risk of opening a restaurant but wouldn't be too hard to set up, in my opinion.

I believe I spotted this opportunity due to my love and passion for food. I'd like to consider myself a "foodie" as I have been an advocate of all kinds of cuisines ever since I was a little kid. I also have a personal vendetta with the virus and would like to find a way to beat it, in a sense. I would also appreciate helping out families who have been struggling a lot due to the virus.

3) Trump move could scrap or weaken law that protects social media companies

https://www.reuters.com/article/us-twitter-trump-executive-order-social/trump-move-could-scrap-or-weaken-law-that-protects-social-media-companies-idUSKBN2340MW

According the above article, the president is considering lifting laws that have previously been in the social media platform's favor. I believe this is an opportunity to focus on opening a new social media platform. I believe that the demise of very popular media websites would be a perfect opportunity to create a new social media platform that will focus on only posting moods. It would be called Mood and it would allow friends to add each other and communciate to each other the mood they're in. It would affect all social media users.

I saw this opportunity because I am a big fan of free press and support social media outlets.


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