Why America's outdated energy grid is a climate problem
Publishing timestamp: 2023-02-17 17:54:36
Summary
The US electric grid was built in the 1960s and 1970s and is now over 70% more than 25 years old, making it vulnerable to increasingly intense storms. As humanity responds to global warming, renewable, zero-carbon sources of energy, especially wind and solar energy, are replacing fossil fuels, requiring a new transmission grid. This is causing an estimated $10 billion a year in costs to replace the aging infrastructure, and the demand for electricity is expected to increase rapidly as efforts to respond to global warming and mitigate effects of climate change ramp up.
Sentiment: NEUTRAL
Keywords: bill gates, alternative and sustainable energy, climate, duke energy corp, utilities, energy, microsoft corp, business news, technology, american electric power company inc, united states,
Source: https://www.cnbc.com/2023/02/17/why-americas-outdated-energy-grid-is-a-climate-problem.html