It gives rise to optimism that the world’s greenhouse gas emissions are about to peak.
However, there are worries that a lot of nations are delaying the transition to clean energy because they are unable to get the funding required for it.
In particular, wind and solar power had yet another record-breaking year last year, which contributed to the “milestone” for renewable energy.
According to the yearly Global Electricity Review published by research tank Ember, China, Brazil, and the Netherlands set the standard for rapid roll-outs.
Even though it continues to construct enormous amounts of new coal power, China alone accounted for 51% of new solar and 60% of new wind power.
