There's More Renewable Energy Than Ever

But it's still not enough to produce a net reduction in emissions from energy production.

1 minute read

June 8, 2018, 2:00 PM PDT

"In 2017, the world deployed an ever-expanding amount of solar and wind power, setting a new record for renewable-power capacity added to the grid," according to an article by Akshat Rathi. The money invested in renewable installations was more than twice the sum spent on nuclear and fossil-fuel power, as well.

Those claims are found in the annual Global Status Report published by renewables policy group REN21, which Rathi covers in detail. There's a catch, however. The expanded renewable energy market hasn't been enough to reduce emissions. "World demand for energy increased by 2.1% last year, and low-carbon sources could not keep pace. As a result, the word’s energy-related carbon emissions rose by 1.7%, the first rise in four years."

FULL STORY: The world set a new record for renewable power in 2017, but emissions are still rising

Monday, June 4, 2018 in Quartz

Energy Environment World Renewable Energy Carbon Emissions Energy Production Wind Power Solar Power Renewable Energy Portfolio View More

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