Author Bio
Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow @matthewdilallo
What happened
Shares of
Brookfield Renewable (NYSE:BEP)(NYSE:BEPC) rallied as much as 5.3% by 11 a.m. EST on Wednesday. Powering the renewable energy stock was the anticipated outcome of the Senate runoffs in Georgia.
So what
Democrats appear poised to capture both Senate seats in Georgia following a runoff election on Tuesday. That would give the political party full control over the U.S. government, making it easier to pass legislation. That powered speculation that they might offer more support to the solar energy industry, which could accelerate its growth rate.
A Fairfield man casts a fly into a pool in the Kennebec River below the Shawmut dam.
David Leaming/Morning Sentinel, file
While Maine and the world have been focused on the pandemic, a fight over the future of Maine’s second largest river system is raging inside the electronic docket of an obscure federal relicensing proceeding.
At stake in the drawn-out proceedings before the Federal Energy Regulatory Commission relating to whether and under what terms to relicense a 106-year-old dam that stretches across the river between Benton and Fairfield are the fate of river-run fish in the Kennebec River watershed and quite possibly that of Atlantic salmon in the United States.
Author Bio
Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow @matthewdilallo
The renewable energy industry enjoyed a banner year in 2020. According to the International Energy Agency (IEA), the global economy installed a record amount of new renewable capacity in 2020, primarily powered by surging demand in the U.S. and China. Overall, 90% of the new electricity generating capacity added in 2020 was renewable energy.
Author Bio
Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow @matthewdilallo
The renewable energy market is on pace to grow by an average of 15% per year over the next decade. Powering that surge is the dramatic decline in costs as the industry increases its scale and technology advances. That bright future could power market-crushing total returns for investors in renewable energy stocks in the coming years.
Image source: Getty Images.
As Canadians get to reset now in the new year, there’s a lot to look back on in 2020.
The Canadian market, along with many others across the globe, suffered a serious market crash in the spring of last year. The
S&P/TSX Composite Index dropped close to 40% in just over one month. The arrival of the COVID-19 pandemic in North America was the main reason for the crash.
The Canadian market managed to impressively dig itself out of the sudden crash last year. Even so, I believe there is still a lot of uncertainty heading into 2021, at least in the short-term.