New York Times (July 9)
“The environment for building renewable energy projects has become much tougher since the coronavirus pandemic. According to industry estimates, the costs of developing an offshore wind farm — large ones run to billions of dollars — have risen 40 percent in recent years because of higher material and labor costs and interest rates.”
Tags: 0%, 4%, Building, Coronavirus pandemic, Costs, Developing, Environment, Interest rates, Labor, Material, Offshore, Renewable energy, Tougher, Wind farm
Wall Street Journal (May 3)
“Global brands are hoping China’s gigantic consumer market will help rekindle growth as the world tries to recover from the coronavirus pandemic. They are facing an uphill battle.” Despite “seeing a solid bounceback in China… a full return to normal, much less growth, is proving harder because so many people have lost jobs and income, or want to save more.”
Tags: Bounceback, China, Consumer market, Coronavirus pandemic, Global brands, Growth, Income, Jobs, Normal, Recover
