US companies are set to spend some $50 billion on power generation from coal and natural gas this year, the International Energy Agency has said, as quoted by the Financial Times.
This would be the first time in decades that US spending on coal and gas generation would be higher than what China is investing in the two fuels, with the difference at $3 billion.
READ MORE: https://www.zerohedge.com/energy/america-bets-50-billion-coal-and-gas-power-electricity-demand-soars
