Some discussions of climate-change action tend to trick us into thinking there are only two options: Maintain the status quo or get rid of airplanes and dairy farms in 10 years. But there are an infinite number of options between those two positions. There are also plenty of reasons for optimism.
Case in point: The United States is expected to add 22,000 megawatts of wind power capacity in the 18-month period ending December 2020. Based on the average output of new wind turbines, upgrades to existing wind farms, the steady rise of solar power, and the epic collapse of coal-fired power plants, the country could generate more electricity from renewable power sources than it does from coal as soon as 2022.
Here's how it could happen -- and which renewable energy stocks stand to benefit.