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Core Silver Corp. press release

Report Says Wind, Solar Energy Growth in EU Undercutting Fossil Fuels

CSE - Canadian National Stock Exchange · Silver · Zinc · Lead · Copper · Gold · Molybdenum · Canada

Recent data has revealed that solar and wind energy growth in the European Union has begun undercutting fossil fuels. A report by think tank Ember found that energy generation from the two renewables has surged by 46% from 2019 to 2023 and eaten into one-fifth of the fossil fuels’ energy market, taking the EU a step closer to achieving its carbon-neutrality goals.

Aside from the plan to achieve net neutrality by 2050, the current European Commission also proposed generating 45% of the regional bloc's energy from renewables by the end of the decade. Most climate experts agree that...

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Earlier from Core Silver Corp.