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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
EnvironmentSolar

The U.S. will hit a huge milestone next year when solar power surpasses hydropower for the first time ever

By
Will Wade
Will Wade
and
Bloomberg
Bloomberg
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Will Wade
Will Wade
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Bloomberg
Bloomberg
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November 7, 2023, 1:38 PM ET
U.S. solar power will exceed hydropower next year for the first time.
U.S. solar power will exceed hydropower next year for the first time.Irfan Khan—Los Angeles Times/Getty Images

The US is on track to generate more electricity from sunshine next year than from hydropower for the first time ever as surging installations of solar panels, especially residential systems, transform the power system.

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Solar will generate more than 318 billion kilowatt-hours of US power in 2024, compared with 284 billion kilowatt-hours from hydropower systems, according to government data. Solar surpassed hydro on a monthly basis in September 2022, but next year will be the first time the threshold is crossed on an annual basis. 

The crossover is likely to be permanent. Annual hydropower capacity increased by less than 1% from 2009 to 2022, while solar capacity surged at an average of 44% a year.

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