- Unlike fossil fuels, renewables are on the rise as climate and energy crises accelerate and countries rush to implement a range of policy responses
- Among renewable energy sources, biogas, also called renewable natural gas, solves for two modern challenges – bloated landfills and the need for rapid decarbonization
- EverGen emerges as a leader committed to powering a sustainable, net-zero future by tapping into the power of organic waste to electrify homes and vehicles using biogas
The energy sector seems to be at a crossroads: on one side, there are renewables – an emerging green energy sector such as solar, wind, hydro, biofuels, and others that aim to facilitate the transition to a more sustainable economy. And on the other, there are traditional, fossil-based sources – a class of energy has-beens that economies are slowly trying to wean themselves off of. As the energy transition accelerates in the wake of the climate and energy crises, the world needs more renewable energy to replace fossil fuels. That is where companies like EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF), a leading Canadian renewable energy company, step in to offer solutions designed to speed up the shift toward a greener future.
Coal-fired power generation is expected to keep its downward trend, sinking from 20% of the U.S. energy mix in 2022 to 18% this year and 17% in 2024. A recent Morgan Stanley report expects renewable energy to entirely replace coal in as little as ten years (https://ibn.fm/fx2HJ). Gas is also projected to decline…
NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF
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