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...
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