A: 'GUST' is an acronym that stands for a series of four recent tax laws that also made changes to how retirement plans are operated. âEGTRRAâ is the acronym for the tax law enacted in 2001.
Of the renewable energy sources used to generate electricity in the United States, hydropower makes the biggest contribution. Water used to spin a turbine is a cheap, non-polluting domestic source of energy. But hydropower brings with it other environmental impacts to consider. More about hydroelectric.
In 2014, the share of world energy consumption for electricity generation by source was coal at 40.8%, natural gas at 21.6%, nuclear at 10.6%, hydro at 16.4%, other sources (solar, wind, geothermal, biomass, etc.) at 6.3% and oil at 4.3%. Coal and natural gas were the most used energy fuels for generating electricity.