On January 9, 2024, the Financial Industry Regulatory Authority, Inc. ("FINRA") published the 2024 FINRA Annual Regulatory Oversight Report (the "Report").
An energy transition refers to a major structural shift in energy systems. There have been several such historical transitions - bio-fuels, such as wood, to water and wind energies and then to fossil fuels. In its current usage, it is used to describe the attempt to replace fossil-based systems of energy production and consumption with renewable energy sources.