«
Once coal businesses are not in good shape, the whole economy has been affected.»
Not exact matches
And in the past few weeks, investment banks such as UBS, along with Macquarie Group and Deutsche Bank have all noted how the solar industry is reframing energy markets in Europe, and beyond, and turning
once profitable
coal and gas fired generators into marginal
businesses, and forcing many to close or to embrace a more rapid change to renewables and distributed generation.
But the scientific report in Nature Climate Change suggests that under the «
business as usual scenario» − whereby no steps are taken to address climate change, and the expanding the use of
coal, oil and natural gas dumps ever greater quantities carbon dioxide in the atmosphere − then such conditions could occur
once every decade or so before 2100.
But as often happens in these situations,
once the
coal dust settles (in the lungs of local people and their children)
business gets back to usual.