5 New Reports Show Wind And Solar Power Can Cripple Putin, Secure Climate Goals

  • Date: 30-Mar-2022
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Gulf
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5 New Reports Show Wind And Solar Power Can Cripple Putin, Secure Climate Goals

Solar technology in Hemau, Bayern, the world's biggest aerea for solar energy, Constructed in 2002, ... [+] Germany, The total module area amounted to 34, 960qm2. (Photo by plus49/Construction Photography/Avalon/Getty Images) With Russia's war in Ukraine worsening a global energy crisis, no less than five new reports have come to similar conclusions about what nations need to do to secure their energy future while hitting climate targets. In short, governments need to double down on renewable energy, massively improve efficiency, and electrify their economies. In the most recent report, U. K. think tank Ember revealed that solar and wind power generated 10% of the world's electricity for the first time last year, suggesting renewable energy has begun to redefine the global electricity system. With oil and gas prices still at record highs around the world, and the UN secretary-general describing the world's "addiction" to fossil fuels as "mutually assured destruction," Ember found that solar electricity generation increased 23% last year, while electricity from wind rose 14% worldwide—a rate of change that could put the world on course to achieve its climate change commitments. More than 50 countries, including the world's five largest economies, generated over a tenth of their electricity