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The great global energy transition is accelerating

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Who could have imagined a few years ago that global carbon emissions would stall in 2015, spurred by a rise in renewable energy? Or that the Saudi government would announce a $2 trillion investment fund to wean their nation off oil within just 20 years? Or that an electric vehicle costing $35,000 would attract over 100,000 pre-orders some 20 months before its actual launch.

That’s what we witnessed in March. And much more heading in the same direction.

The stalling emissions news made for a historic front page in the Financial Times. “Climate battle bears early fruit”, the lead headline began. Global emissions dropped in 2015 despite continuing growth of the global economy, and accelerating deployment of solar and wind energy is a key reason, the FT and others concluded.

Read the full article from this blog, written by Solarcentury founder, Jeremy Leggett.

You can register here for e-mail summaries-and-commentaries about the course of The Great Transition as the drama unfolds.


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