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In several articles this year, Good News Network has reported on the precipitous decline of coal production—and rise in renewables, as market forces along with the decisions of individuals and investors create a pandemic of pressure.
Now in the twilight of the European COVID-19 wave, early signs suggest there is not going to be much in the way of a recovery for coal—or natural gas—which are becoming COVID-casualties, as they lose ground to renewable energy as each fiscal quarter passes.
“What’s front and center has been the extreme volatility and carnage that’s occurred in the energy sector. These companies are now in survivor mode,” said Jennifer Rowland, Senior Analyst, at Edward Jones, according to Future Crunch.
Continued below.
In The Wake Of Lockdowns Coal and Natural Gas May Look Like the Biggest Covid-19 Casualties
Now in the twilight of the European COVID-19 wave, early signs suggest there is not going to be much in the way of a recovery for coal—or natural gas—which are becoming COVID-casualties, as they lose ground to renewable energy as each fiscal quarter passes.
“What’s front and center has been the extreme volatility and carnage that’s occurred in the energy sector. These companies are now in survivor mode,” said Jennifer Rowland, Senior Analyst, at Edward Jones, according to Future Crunch.
Continued below.
In The Wake Of Lockdowns Coal and Natural Gas May Look Like the Biggest Covid-19 Casualties
