The global switch to renewable energy has passed a “positive tipping point” where solar and wind power will become even cheaper and more widespread, according to two United Nations reports released Tuesday, describing a bright spot amid otherwise gloomy progress to curb climate change.
Last year, 74% of the growth in electricity generated worldwide was from wind, solar and other green sources, according to the U.N.’s multiagency report, called Seizing the Moment of Opportunity. It found that 92.5% of all new electricity capacity added to the grid worldwide in that time period came from renewables. Meanwhile, sales of electric vehicles are up from 500,000 in 2015 to more than 17 million in 2024.
