Newport Renewables installs solar panels on the Powers Building in the Rhode Island Capitol Hill complex on June 12, 2017. What’s the future of coal ? The answer may be blowing in the wind. Or running through our waters. Or, maybe it’s at the end of a sunbeam. Wherever the answer is found, the message is clear. Coal is on a downward trend in the U.S. and renewables are on the rise, according to a new report released by the Federal Energy Regulatory Commission, or FERC. The report shows that renewable energies had slightly more installed capacity than coal, as CNN reported. This means that power plants are capable of producing more energy from clean sources than they are from coal. "Coal has no technology path," said Jeff McDermott, managing partner at Greentech Capital Advisors, a boutique investment bank focused on clean energy, as reported by CNN . "It’s got nowhere to go but extinction." While the discrepancy is slight, the trend is clear. The non-profit SUN DAY, which campaigns for renewable energy, analyzed the data. A press release by the non-profit SUN DAY Campaign, which analyzed the data, noted that the new additions of wind , solar and […]

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