Oil Companies Are Collapsing Due to Coronavirus, but Wind and Solar Energy Keep Growing [The New York Times]
Raymond James Financial, Inc. (RJF)
Last raymond james financial, inc. earnings: 4/29 04:35 pm
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Source: The New York Times
A few years ago, the kind of double-digit drop in oil and gas prices the world is experiencing now because of the coronavirus pandemic might have increased the use of fossil fuels and hurt renewable energy sources like wind and solar farms.That is not happening.In fact, renewable energy sources are set to account for nearly 21 percent of the electricity the United States uses for the first time this year, up from about 18 percent last year and 10 percent in 2010, according to one forecast published last week. And while work on some solar and wind projects has been delayed by the outbreak, industry executives and analysts expect the renewable business to continue growing in and next year even as oil, gas and coal companies struggle financially or seek bankruptcy protection.In many parts of the world, including California and Texas, wind turbines and solar panels now produce electricity more cheaply than natural gas and coal. That has made them attractive to electric utilities and inve
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RJF
News
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RJF
Earnings
- 10/23/24 - Beat
RJF
Sec Filings
- 11/12/24 - Form SC
- 10/23/24 - Form 8-K
- 10/22/24 - Form SC
- RJF's page on the SEC website