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Over the last several months, I have indicated that utilities will be facing significant new challenges as they adjust to the new green initiatives from the new administration and Congress. About 56% of the electricity generated in the United States is from coal, a significant contributor to carbon emissions. Natural gas generates about 27% of the electricity, wind generates about 1% and solar generates about 0.1% of the electricity used in the United States. The efforts to reduce carbon emissions will have a significant impact on the economics of the utilities industry and their support industries.
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