Renewables Are Likely to Be COP28 Bright Spot as 1.5C Hopes Fade - Bloomberg
At COP28, Renewables Are Likely to Be a Bright Spot as 1.5C Hopes Fade - Bloomberg
Renewables Are Likely to Be COP28 Bright Spot as 1.5C Hopes Fade
BloombergNEF’s COP tracker shows a good chance of delegates committing to tripling renewable energy, but few countries have a plan for limiting warming to 1.5C.
Abdulaziz Alobaidli, chief operating officer of Masdar, at the Dhafra solar power plant near Abu Dhabi, United Arab Emirates. Photographer: Natalie Naccache/Bloomberg
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With tens of thousands of delegates planning to attend this year’s UN climate summit in Dubai, there’s expected to be a flood of new pledges, projects and initiatives announced. It’ll be easy to lose focus on the most important task at hand: Nearly 200 countries have 13 days to reach a new, unanimous agreement on how to tackle climate change.
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Renewables Are Likely to Be COP28 Bright Spot as 1.5C Hopes Fade
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.