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Carbon Countdown: The Role of Decarbonization in S&P 500's Energy Transition
The S&P 500 demonstrated a significant decarbonization, showing a 73.9% decrease in its weighted average carbon intensity over 20 years. This change highlights the growing adoption of renewable energy sources while reducing fossil fuel consumption. Renewable energy’s role in S&P 500’s energy mix has more than doubled over the past decade, indicating a shift towards cleaner energy and innovative market responses to economic conditions.