Governments around the world agreed to triple renewable energy capacity by the end of the decade during pivotal United Nations climate talks at a summit in Dubai last year. As the annual climate negotiations kick off again this week, there’s been some progress on that goal — but not nearly enough.
An assessment of national energy plans says that countries are on track to double global renewable energy capacity by 2030. There’s a lot of opportunity for growth with the falling cost of wind and solar, but whether policymakers are ready to ditch fossil fuels is a trickier question.
“Renewables markets have moved, but governments’ ambitions have not.”
“Renewables markets have moved, but governments’ ambitions have not,” Katye Altieri, electricity transition analyst at energy think tank Ember, said in a press release published alongside the new report.
More than 130 countries pledged last year to triple global renewables capacity. Ember assessed 96 countries and the EU…