Wind-power industry predicts rapid growth in 2023, just in time for Biden's offshore push

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

'Twin challenges of secure energy supplies and climate targets will propel wind power into new phase of extraordinary growth,' Global Wind Energy Council says.

An optimistic global report on the outlook for wind energy issued Monday bodes well for recent announcements in the U.S., which is pushing offshore to try to harness more green-energy replacements for coal, oil and gas.

The group said rising concern about climate change derived from burning fossil fuels, as well uncertainty around secure energy supplies following Russia’s invasion of Ukraine, is pushing more nations to tap wind and regain some control over a market less dependent on Middle East oil or Russian natural gas.

Read: How to invest in ‘green steel’ disrupters: U.S. company gets ArcelorMittal backing and more stocks to watch That includes in the U.S., the group said, where last year’s passage of the Inflation Reduction Act spending bill included incentives for renewable energy development. These actions, and lease sales last year in the Pacific, expand the map for offshore wind in the U.S. and support the president’s goal of deploying 30 gigawatts of offshore wind by 2030, groups backing wind power said in a release at the time.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Needs to be 4x faster

😆sure

Too bad it is not effective.

More lib green bs

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wind industry predicts bounceback and rapid growth in 2023The wind power industry on Monday projected growth to rapidly accelerate this year, with incentives and policy changes in key nations helping to overcome factors that led to a slowdown in 2022.
Source: wjxt4 - 🏆 246. / 63 Read more »

Wind industry predicts bounceback and rapid growth in 2023The wind power industry projects growth to rapidly accelerate this year, with incentives and policy changes in key nations helping to overcome factors that led to a slowdown in 2022. government greed Wind is an environmental disaster. Green energy has destroyed hundreds of small countries! It’s a hoax and a scam!
Source: ABC - 🏆 471. / 51 Read more »

Wind industry predicts bounceback and rapid growth in 2023This year, the industry will reach a historic milestone — 1 terawatt, or 1,000 gigawatts, of wind energy installed worldwide, according to the Global Wind Energy Council. I'll never understand why 'conservatives' cannot support wind energy. It blows my mind. Despite the desperate attempt to push misinformation by the Big Oil-funded GQP and their trolls. So Biden creates inflation through his clean energy policies that makes it too expensive to build wind turbines. 🤫
Source: NBCNews - 🏆 10. / 86 Read more »

Wind industry predicts bounceback and rapid growth in 2023The wind power industry on Monday projected growth to rapidly accelerate this year, with incentives and policy changes in key nations helping to overcome factors that led to a slowdown in 2022. The Global Wind Energy Council in Brussels also cited concern about climate change , as well as secure energy supplies following Russia’s invasion of Ukraine, for a fast-growth outlook in its annual Global Wind Report. Wind power costs a bloody fortune with little return. Wind power is a trillion dollar loser.
Source: AP - 🏆 728. / 51 Read more »

Wind industry predicts bounce-back and rapid growth in 2023The wind power industry on Monday projected growth to rapidly accelerate this year, with incentives and policy changes in key nations helping to overcome factors that led to a slowdown in 2022.
Source: WashTimes - 🏆 235. / 63 Read more »