US EditionUN Chief Declares Renewable Energy Cost Tipping Point and Urges 100% Green Power for Data Centers
NEW YORK, UNITED STATES, JUL 22 – Solar power is 41% cheaper and wind 53% cheaper than fossil fuels, with renewables providing 92.5% of new electricity capacity despite $620 billion in fossil fuel subsidies, UN reports said.
- On Tuesday at UN headquarters, Secretary-General Antonio Guterres unveiled reports highlighting a tipping point in renewable energy adoption worldwide.
- This event followed a background of growing renewable capacity and fossil fuel subsidies reaching $620 billion in 2023, compared to $70 billion for renewables.
- The reports showed 92.5 percent of new global electricity capacity in 2024 came from renewables, with electric vehicle sales rising from 500,000 in 2015 to over 17 million in 2024.
- Guterres emphasized that the era of fossil fuels is declining, highlighted renewables as the best path to energy security, and encouraged technology companies to transition their data centers to run entirely on renewable energy by 2030.
- He warned that nations clinging to fossil fuels risk economic harm, emphasizing the clean energy future is inevitable and pressing for accelerated energy transition efforts.
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Total News Sources101
Leaning Left26Leaning Right6Center28Last UpdatedBias Distribution47% Center
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- 47% of the sources are Center
47% Center
L 43%
C 47%
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