Switching electric generation from coal to natural gas is the only way the US can meet carbon-reduction goals, says a new Deutsche Bank analysis.

Mark Fulton, managing director and global head of research for Deutsche Bank Climate Change Advisors, told the US Association of Energy Economists conference in Washington DC on October 11 that “renewables alone cannot do the job,” though the study indicates wind and solar will play important roles. The October 2011 report, titled “Natural Gas and Renewables: The Coal to Gas and Renewables Switch is on!” can be downloaded here. Keep reading →