Countries across the globe came together two years ago with a commitment to save the planet.
The goal was to build renewable energy capacity. New infrastructure, new technology, whatever it takes to triple the capacity of earth to use renewable energy.
They've had two years, so let's see how it's going.
Targets put forward by national governments for the rollout of technologies like wind and solar will bring global installations far short of what countries committed to at the United Nations COP28 summit in 2023, according to Ember, a climate think tank. The renewable goal was agreed in Dubai as part of a hard-fought deal to commit to a transition away from fossil fuel ...
Ember calculated the world will hit just 7.4 terawatts of renewable energy capacity by 2030, a little more than double the 3.4 terawatts installed in 2022, based on national targets. The world needs 11 terawatts in order to meet the tripling goal.
If the goal is to triple, we'll be lucky to double.
'There is a real disconnect between the sort of high level agreement to sign pledges at COP and then the reality of how electricity planning is done,' Katye Altieri, global electricity analyst at Ember, said. 'National targets send policy signals to the market and I think countries have lost sight of that.'
Talking the talk is not walking the walk. Setting these lofty goals and making these pledges - surprise, surprise - doesn't make them a reality. If the businesses and manufacturers don't have a powerful incentive there's only so much nations can do without going full Marxist.
Since Dubai in 2023, there are few signs the world is transitioning away from fossil fuels. Scaling up renewables was supposed to help tackle the demand-side of the equation: the more wind and solar can meet the world's energy needs, the less countries will need to extract gas, oil and coal.
Ember's research found only 22 countries have revised their renewable targets since Dubai, and most of those nations are in the European Union, which campaigned for the renewables pledge and have put new laws in place to achieve its objective to cut emissions by 55% by 2030 from 1990 levels.
You mean a globalist plot to completely change the energy industry isn't working?
I don't know who could have predicted that the EU would keep their pledge but all these other nations would slack off and tank the entire project.
Group-of-20 nations like China and South Africa are expected to still come forward with more ambitious climate targets this year ...
Altieri noted China alone could make a sizeable difference in the global renewable goal, but it won't be enough to make up for shortfalls elsewhere.
Yeah, good luck getting China to play fair and sacrifice their fossil fuels. This whole plot sounds like China working to sabotage the rest of the world, if we're honest.
And, even if China went all in, they STILL wouldn't meet their goals.
The United States is not part of this agreement, and under President Trump it seems very unlikely that we'll jump onboard.
It just seems that restructuring the world economy because of your fear of the great sun monster just isn't a winning strategy.
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