COP28 'triple renewables' target needs teeth not just talk, warn green power leaders - Recharge
COP28 'triple renewables' target needs teeth not just talk, warn green power leaders | Recharge
Global alignment around a proposed tripling of renewables capacity means the UN climate summit, which begins today in Dubai, has been described by green energy leaders as a “once in a generation” opportunity, but they qualified this with a warning that effective action requires inclusion into a final COP28 agreement with teeth.
The pledge to triple renewables capacity by 2030, formally proposed by COP28 president Sultan Ahmed Al-Jaber, has reportedly been signed by more than 100 countries and 300 corporate or institutional entities.
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.