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Mmastodon EnvironmentEnvironment first seen 2 d ago, last 1 h ago, peak #1

Emerging economies leapfrogging 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 in Asia and Africa than in Europe or the United States, with emerging economies skipping fossil fuel buildout and moving straight to clean power. In 2023, almost all new global electricity capacity came from solar and wind, and solar is now cheaper than fossil electricity in many regions. Observers say the shift marks a turning point in the global energy transition, with developing countries leading deployment.

Why now: Falling solar costs and record renewable capacity additions are prompting debate about whether developing nations are outpacing rich countries in the energy transition.

AsiaAfricaEuropeUnited States

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Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.

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