Morgan Stanley Report Forecasts Renewable Energy Will Replace Coal by 2033

March 23, 2023 13:05:59

A report by Morgan Stanley published last month predicts that by 2033, coal-fired power plants will be replaced by renewable energy. The American multinational investment management and financial services firm helps mobilize capital to help corporations, governments, institutions and individuals around the globe achieve their financial goals.

The article states that renewable energy such as wind and solar power will provide almost 40% of electricity in America by 2030. This is expected to increase to…

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