Mmastodon EnvironmentEnvironment first seen 1 d ago, last 2 min ago, peak #1
Emerging economies leapfrog fossil fuels with renewables
Original: 📰 Emerging Economies Are Leapfrogging Fossil Fuels 🌍 Asia & Africa: Renewable electricity here is scaling faster than in
Renewable electricity is scaling faster across Asia and Africa than in Europe or the US, with emerging economies effectively skipping a fossil-fuel-heavy stage of development. In 2023, almost all new global power capacity came from solar and wind, and solar is now cheaper than fossil electricity in many regions. Commenters are highlighting the shift as evidence that the energy transition is being led by developing markets rather than wealthy ones.
Why now: New figures showing renewables dominating global capacity growth have reignited debate about whether developing nations are overtaking rich countries on clean energy.
Rank over time, top of the chart is #1. 9 snapshots from 11 h ago to 2 min ago.
Evidence
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