The United Nations, backed by new reports from IRENA, has announced that renewable energy has reached a 'positive tipping point' globally, with 90% of new renewable projects now cheaper than fossil fuel alternatives.
UN Secretary-General António Guterres emphasized that the era of fossil fuels is 'flailing and failing,' as solar and wind power become increasingly cost-effective and widespread. Renewables accounted for over 92% of new electricity capacity in 2024, signaling an unstoppable shift toward clean energy. Guterres called on governments and the tech sector to accelerate the transition, especially as energy-hungry data centers expand.
The UN frames this moment as a unique economic and environmental opportunity, urging immediate action to ensure the transition is fair, inclusive, and rapid.
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