UN Chief Explains Why Transitioning to Clean Energy is Smart Economics
Transitioning to renewable energy is not only critical for the environment, UN Secretary-General António Guterres says, it is also smart economics. The UN official emphasized that economic realities are now accelerating the green transition and making it “unstoppable” during an online address titled ‘A Moment of Opportunity'. He noted that the rapid decline in renewable energy costs helped the world add record amounts of new clean energy capacity last year. Renewables now compete with fossil fuels like oil and natural gas in terms of cost, scale, and economic impact. The UN chief’s comments coincided with the release of two major…
