Source: Renewables Will Overtake Coal by Early 2025, Energy Agency Says – The New York Times
The recent momentum in renewable energy growth is not enough to help the world limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) compared to preindustrial levels, said Doug Vine, director of energy analysis at the Center for Climate and Energy Solutions. The goal was set by the landmark Paris climate agreement in 2015; beyond that threshold, scientists say the risk of climate catastrophe, including deadly heat waves and coastal flooding, increases significantly.
Scientists have calculated that meeting the 1.5 degrees Celsius goal would require countries to curb or offset all carbon dioxide emissions by 2050. “We are still not there,” Mr. Bahar said, but the agency’s new report indicates that narrowing the gap is “within the reach of government policies and actions.”
The main obstacles in wealthy countries are lengthy permitting procedures and lack of improvements and expansion to grid infrastructure, the report said. Some European countries have made progress on that front, including Germany, which has reduced permitting timelines, and Spain, which has streamlined permitting and increased grid capacity for renewable energy projects.