The United Nations has announced that the world has reached a 'positive tipping point' in the transition to renewable energy, with 92.5% of new electricity capacity in 2024 coming from renewables.
Solar and wind power are now significantly cheaper than fossil fuels, with around 90% of new renewable projects costing less than traditional energy sources. UN Secretary-General António Guterres emphasized that the era of fossil fuels is fading, urging governments and tech companies to accelerate the shift to clean energy, especially as energy demand from AI data centers rises. The reports highlight that the global switch to renewables is now 'unstoppable' due to economic advantages, but warn that the transition must speed up to meet climate goals.
The UN calls this a 'moment of opportunity' for nations and industries to embrace clean energy and secure long-term economic and environmental benefits.
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