Renewables Buildout to Fall Short of Biden’s Climate Goal
- Pace of installations too slow to achieve 2035 target: BNEF
- BNEF will be hosting annual conference in New York next week
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The U.S. probably will fall short of President Joe Biden’s goal of decarbonizing the power system by 2035 even though the nation is on track to almost triple wind and solar capacity over the next 10 years.
That’s the assessment of a report Friday from BloombergNEF, which hosts its annual summit in New York next week.