Oct 4, 2017

Report shows solar, wind on the march as China surges

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The decade that blew up energy predictions

Illustration: Andrew Witherspoon / Axios

America’s energy sources, like booming oil and crumbling coal, have defied projections and historical precedents over the last decade.

Why it matters: It shows how change can happen rapidly and unexpectedly, even in an industry known to move gradually and predictably. With a new decade upon us, let’s look back at the last one’s biggest, most surprising energy changes.

Go deeperArrowDec 23, 2019

World Bank cuts growth forecast for fourth time in a row

Photo: Win McNamee/Getty Images

The World Bank cut its global growth forecast for the fourth straight time on Wednesday, reducing expectations by 0.2 percentage points each year for 2019, 2020 and 2021.

"Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist. ... U.S. growth is forecast to slow to 1.8% this year, reflecting the negative impact of earlier tariff increases and elevated uncertainty."
— World Bank statement on its Global Economic Prospects report
Go deeperArrowJan 9, 2020

Why U.S. homeowners consider going solar

Forty-six percent of U.S. homeowners say they have seriously considered installing solar panels at their homes, a new Pew Research Center poll shows.

Why it matters: It signals that the residential solar market has lots of room for growth. The survey notes that only 6% of homeowners polled have already installed systems — but the Solar Energy Industries Association's (SEIA) current estimate sits at 2.1%.

Go deeperArrowDec 20, 2019